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Suncorp Updates Market on Progress of On-Market Share Buy-Back

Story Highlights
  • Suncorp Group issued a fresh ASX update confirming its on-market share buy-back remains active and ongoing.
  • The latest notice shows over 9.4 million shares already repurchased plus about 603,000 more on the prior day, tightening the share base for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Suncorp Updates Market on Progress of On-Market Share Buy-Back

Meet Samuel – Your Personal Investing Prophet

Suncorp Group ( (AU:SUN) ) just unveiled an update.

Suncorp Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back for its ordinary fully paid shares. The update, dated 24 February 2026, forms part of a daily reporting cycle that began in August 2025 and confirms that the program remains active.

The latest notice shows that Suncorp has repurchased a cumulative 9,418,945 shares before the previous trading day, with a further 602,795 shares bought back on the prior day. The continuing buy-back reduces the company’s outstanding share count, which can be supportive of earnings per share and signals sustained capital management activity that may be relevant for existing shareholders and prospective investors.

The most recent analyst rating on (AU:SUN) stock is a Hold with a A$16.50 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 under the code SUN. The company primarily offers banking, insurance, and wealth management products to retail and commercial customers in Australia and New Zealand, competing with major banks and insurers in those markets.

YTD Price Performance: -13.60%

Average Trading Volume: 2,939,912

Technical Sentiment Signal: Buy

Current Market Cap: A$16.55B

For an in-depth examination of SUN stock, go to TipRanks’ Overview page.

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