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The latest announcement is out from Suncorp Group ( (AU:SUN) ).
Suncorp Group Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back of ordinary fully paid shares. The company reported that a total of 18,757,751 shares had been repurchased before the previous trading day, with a further 267,560 shares bought back on the most recent day, under a program initially notified in August 2025.
The latest filing, dated 4 May 2026, is a routine daily buy-back update that reflects the continued execution of Suncorp’s capital management strategy. By progressively reducing its share count through on-market purchases, Suncorp is signaling active balance sheet management, which can support earnings per share over time and may be viewed positively by shareholders focused on capital returns.
The most recent analyst rating on (AU:SUN) stock is a Hold with a A$17.79 price target. To see the full list of analyst forecasts on Suncorp Group stock, see the AU:SUN Stock Forecast page.
More about Suncorp Group
Suncorp Group Limited is an Australian financial services company listed on the ASX under the ticker SUN. It primarily provides general insurance, banking and wealth management products to retail and commercial customers, with a strong presence in the Australian and New Zealand markets.
YTD Price Performance: -1.87%
Average Trading Volume: 4,649,684
Technical Sentiment Signal: Buy
Current Market Cap: A$18.55B
Learn more about SUN stock on TipRanks’ Stock Analysis page.