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Suncorp Provides Daily Update on Ongoing On-Market Share Buy-Back

Story Highlights
  • Suncorp reports continued execution of its on-market buy-back for ordinary SUN shares.
  • The updated figures highlight ongoing capital management that may bolster EPS and signal confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Suncorp Provides Daily Update on Ongoing On-Market Share Buy-Back

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Suncorp Group ( (AU:SUN) ) has shared an update.

Suncorp Group Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares, traded under the SUN code. The update notes that, as of 10 April 2026, a cumulative 16,362,708 shares had been repurchased before the previous day, with a further 164,076 shares bought back on the previous trading day.

The latest disclosure, dated 10 April 2026 and referencing an initial buy-back notification from August 2025, forms part of Suncorp’s daily reporting on the execution of its capital management initiative. Regular buy-back updates signal the continued implementation of the program, which can support earnings per share, optimise the group’s capital structure, and may be viewed by investors as an indication of management’s confidence in the company’s valuation.

The most recent analyst rating on (AU:SUN) stock is a Buy with a A$19.25 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 is an Australian financial services group listed on the ASX, operating primarily in insurance and banking. The company issues ordinary fully paid shares under the ticker SUN and serves retail and commercial customers across its core markets.

Average Trading Volume: 4,568,580

Technical Sentiment Signal: Hold

Current Market Cap: A$17.17B

Learn more about SUN stock on TipRanks’ Stock Analysis page.

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