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Suncorp Group ( (AU:SUN) ) has shared an update.
Suncorp Group Limited has announced an update regarding its ongoing on-market buy-back program for its ordinary fully paid securities, with a total of 443,995 securities bought back on the previous day. This buy-back initiative is part of Suncorp’s strategy to optimize its capital structure and enhance shareholder value, reflecting its strong financial position and commitment to returning capital to shareholders.
The most recent analyst rating on (AU:SUN) stock is a Hold with a A$22.00 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 and services including banking, insurance, and wealth management. The company primarily focuses on the Australian and New Zealand markets, providing comprehensive financial solutions to individuals and businesses.
Average Trading Volume: 2,415,692
Technical Sentiment Signal: Buy
Current Market Cap: A$22.21B
For an in-depth examination of SUN stock, go to TipRanks’ Overview page.