tiprankstipranks
Advertisement
Advertisement

QBE Issues Daily Update on Ongoing On-Market Share Buy-Back

Story Highlights
  • QBE has updated the market on its on-market share buy-back, reporting over 15 million shares repurchased before the latest trading day.
  • The ongoing buy-back, first announced in November 2025, reduces shares on issue and may support earnings per share and investor confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
QBE Issues Daily Update on Ongoing On-Market Share Buy-Back

Claim 30% Off TipRanks

The latest update is out from QBE Insurance Group Limited ( (AU:QBE) ).

QBE Insurance Group Limited has provided an update on its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that it has repurchased a cumulative total of 15,270,343 shares prior to the latest trading day, and a further 861,576 shares were bought back on the previous day.

The latest disclosure, dated 13 April 2026, is a routine daily notification to the ASX as QBE continues executing the buy-back first announced in November 2025. The continued purchases reduce the number of shares on issue, which can enhance earnings per share and signal confidence in the insurer’s capital position and long-term outlook for shareholders.

The most recent analyst rating on (AU:QBE) stock is a Buy with a A$25.65 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 global insurance company listed on the ASX, operating primarily in general insurance and reinsurance. The group offers a broad range of property, casualty, and specialty insurance products to corporate, institutional, and retail clients across multiple international markets.

YTD Price Performance: 17.16%

Average Trading Volume: 3,605,685

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$33.73B

For an in-depth examination of QBE stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1