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Suncorp Group Limited ( (AU:SUN) ) has shared an announcement.
Suncorp Group Limited announced a security consolidation of its ordinary fully paid shares, with trading on a deferred settlement basis commencing on February 17, 2025, and the official issue date set for February 25, 2025. This reorganization, which received shareholder approval at the 2024 Annual General Meeting, aims to streamline the company’s securities structure, potentially impacting its market positioning and shareholder value.
More about Suncorp Group Limited
Suncorp Group Limited operates in the financial services industry, providing a range of insurance, banking, and wealth management products primarily in Australia and New Zealand. The company is known for its focus on delivering comprehensive financial solutions to individual and corporate clients.
YTD Price Performance: 4.41%
Average Trading Volume: 6,493
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $16.13B
For detailed information about SUN stock, go to TipRanks’ Stock Analysis page.
