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The latest update is out from Suncorp Group ( (AU:SUN) ).
Suncorp Group Limited has announced an update on its ongoing share buy-back program, with a total of 354,433 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 6,778,043 securities. This buy-back initiative is part of Suncorp’s strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s commitment to returning surplus capital to its investors.
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 insurance and banking products. The company is focused on providing comprehensive financial solutions to its customers, primarily in Australia and New Zealand.
YTD Price Performance: 9.27%
Average Trading Volume: 2,452,269
Technical Sentiment Signal: Buy
Current Market Cap: A$21.13B
Find detailed analytics on SUN stock on TipRanks’ Stock Analysis page.