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Suncorp Group ( (AU:SUN) ) has issued an update.
Suncorp Group Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back, covering ordinary fully paid shares under the SUN ticker. The latest daily disclosure shows that a total of 12,716,377 shares had been repurchased before the previous trading day, with an additional 32,905 shares bought back on the prior day as the company continues to execute its capital management strategy and return surplus capital to shareholders.
The update, dated 16 March 2026, follows the original buy-back notification lodged in August 2025 and a prior update on 12 March 2026, confirming the continued operation of the program. Regular daily reporting of buy-back activity provides transparency for investors and signals Suncorp’s ongoing commitment to balance sheet optimisation and potential enhancement of earnings per share through a reduced share count.
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 insurance and banking products, serving retail and commercial customers across Australia and focusing on delivering shareholder value through capital management initiatives and market-based share programs.
YTD Price Performance: -10.52%
Average Trading Volume: 3,502,202
Technical Sentiment Signal: Hold
Current Market Cap: A$16.92B
Learn more about SUN stock on TipRanks’ Stock Analysis page.