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Commonwealth Bank of Australia ( (AU:CBA) ) has provided an update.
Commonwealth Bank of Australia has amended and restated the pricing supplement for its EUR 1 billion subordinated debt securities due in 2037, issued under its Euro Medium Term Note Programme. The announcement highlights the prohibition of sales to retail investors in the European Economic Area and the United Kingdom, emphasizing that the target market for these notes is professional investors and eligible counterparties only. This move is part of the bank’s strategic approach to comply with regulatory requirements and focus on institutional investors, potentially impacting its market positioning and stakeholder engagement.
The most recent analyst rating on (AU:CBA) stock is a Sell with a A$125.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.
More about Commonwealth Bank of Australia
Commonwealth Bank of Australia is a major financial institution in Australia, primarily offering banking and financial services. It operates in the banking industry, focusing on providing a wide range of financial products and services to both retail and institutional clients.
Average Trading Volume: 1,897,158
Technical Sentiment Signal: Buy
Current Market Cap: A$281.6B
See more data about CBA stock on TipRanks’ Stock Analysis page.