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Suncorp Updates Market on Progress of Ongoing Share Buy-Back

Story Highlights
  • Suncorp provided an updated ASX notice on its ongoing on-market buy-back of SUN ordinary shares.
  • The company has repurchased over nine million shares to date, underscoring active capital management and potential EPS benefits.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Suncorp Updates Market on Progress of Ongoing 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 regarding its ongoing on-market share buy-back of SUN ordinary fully paid shares. The latest daily report, dated 23 February 2026, confirms that a total of 9,042,188 shares had been repurchased prior to the most recent trading day, with a further 376,757 shares bought back on the previous day.

The update forms part of a continuing buy-back program first notified in August 2025 and most recently updated on 20 February 2026. Regular daily disclosures highlight Suncorp’s active capital management, signalling ongoing efforts to return capital to shareholders and potentially improve earnings per share by reducing the number of shares on issue.

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 company listed on the ASX, operating primarily in banking and insurance. It offers a range of products including general insurance, life insurance, and retail and business banking services, with a focus on the Australian and New Zealand markets through its SUN ordinary fully paid shares.

YTD Price Performance: -13.60%

Average Trading Volume: 2,939,912

Technical Sentiment Signal: Buy

Current Market Cap: A$16.55B

See more data about SUN stock on TipRanks’ Stock Analysis page.

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