National Australia Bank Limited (AU:NAB) has released an update.
National Australia Bank Limited has announced an update on its stock buy-back program, revealing that a total of 64,356,294 ordinary shares have been repurchased to date, with 496,453 bought back on the previous day alone. The buy-back is an ongoing market operation, as indicated by the daily notifications provided to the Australian Securities Exchange (ASX). This strategic move aims to reduce the company’s share count and potentially increase shareholder value.
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