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Suncorp Group ( (AU:SUN) ) has shared an update.
Suncorp Group Limited has announced an update on its ongoing share buy-back program, with a total of 301,816 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 6,187,260 securities. This buy-back initiative is part of Suncorp’s strategy to optimize its capital structure and return value to shareholders, potentially impacting its market positioning by enhancing shareholder returns.
The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.15 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 operates in the financial services industry, offering a range of products including banking, insurance, and wealth management services. The company is focused on providing comprehensive financial solutions primarily in the Australian market.
Average Trading Volume: 2,466,157
Technical Sentiment Signal: Buy
Current Market Cap: A$20.96B
For detailed information about SUN stock, go to TipRanks’ Stock Analysis page.