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Suncorp Group ( (AU:SUN) ) just unveiled an update.
Suncorp Group Limited has announced an update on its ongoing share buy-back program, revealing that a total of 252,563 ordinary fully paid securities were bought back on the previous day, bringing the total number of securities bought back to 806,766. This buy-back initiative is part of Suncorp’s strategy to enhance shareholder value and optimize its capital structure, reflecting the company’s commitment to returning capital to its shareholders.
The most recent analyst rating on (AU:SUN) stock is a Buy with a A$23.00 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 including banking, insurance, and wealth management services. The company primarily focuses on the Australian and New Zealand markets, serving a diverse customer base with its comprehensive financial solutions.
Average Trading Volume: 2,416,605
Technical Sentiment Signal: Buy
Current Market Cap: A$22.19B
See more data about SUN stock on TipRanks’ Stock Analysis page.