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An announcement from Suncorp Group ( (AU:SUN) ) is now available.
Suncorp Group Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 224,722 ordinary fully paid securities bought back on the previous day. This buy-back is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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 insurance, banking, and wealth management services. The company primarily focuses on the Australian and New Zealand markets, providing comprehensive financial solutions to individuals and businesses.
YTD Price Performance: 10.17%
Average Trading Volume: 2,456,253
Technical Sentiment Signal: Buy
Current Market Cap: A$21.3B
For an in-depth examination of SUN stock, go to TipRanks’ Overview page.