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QBE Insurance Group Limited ( (AU:QBE) ) has issued an update.
QBE Insurance Group Limited has announced an update regarding its ongoing share buy-back program, with a daily notification indicating the purchase of 443,253 ordinary fully paid securities. This buy-back initiative is part of QBE’s strategy to enhance shareholder value and optimize its capital structure, reflecting the company’s commitment to returning capital to shareholders and maintaining a strong market position.
The most recent analyst rating on (AU:QBE) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on QBE Insurance Group Limited stock, see the AU:QBE Stock Forecast page.
More about QBE Insurance Group Limited
QBE Insurance Group Limited is a prominent player in the insurance industry, offering a range of insurance products and services. The company is known for its comprehensive coverage options and operates in various markets globally, focusing on providing robust risk management solutions.
YTD Price Performance: 5.46%
Average Trading Volume: 3,616,419
Technical Sentiment Signal: Buy
Current Market Cap: A$29.25B
Find detailed analytics on QBE stock on TipRanks’ Stock Analysis page.