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QBE Insurance Group Limited ( (AU:QBE) ) has provided an announcement.
QBE Insurance Group Limited has announced an update on its ongoing share buy-back initiative, which focuses on repurchasing ordinary fully paid shares in the company. The announcement highlights the progress of the program, with significant volumes of shares being bought back daily, indicating the company’s efforts to return value to shareholders and optimize its capital structure.
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 operates in the global insurance industry, offering a range of insurance and reinsurance products. As one of Australia’s largest insurers and a globally recognized player, QBE serves diverse markets with a focus on underwriting profitability and risk management.
Average Trading Volume: 3,666,772
Technical Sentiment Signal: Buy
Current Market Cap: A$29.43B
For detailed information about QBE stock, go to TipRanks’ Stock Analysis page.