Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Suncorp Group ( (AU:SUN) ) has shared an update.
Suncorp Group Limited has announced an update regarding its ongoing on-market buy-back program for its ordinary fully paid securities, with a total of 443,995 securities bought back on the previous day. This buy-back initiative is part of Suncorp’s strategy to optimize its capital structure and enhance shareholder value, reflecting its strong financial position and commitment to returning capital to shareholders.
The most recent analyst rating on (AU:SUN) stock is a Hold with a A$22.00 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 operates in the financial services industry, offering a range of products and services including banking, insurance, and wealth management. The company primarily focuses on the Australian and New Zealand markets, providing comprehensive financial solutions to individuals and businesses.
Average Trading Volume: 2,415,692
Technical Sentiment Signal: Buy
Current Market Cap: A$22.21B
For an in-depth examination of SUN stock, go to TipRanks’ Overview page.
Trending Articles:
- “More Hopeful than Real”: Is a Bidding War Brewing for Warner Bros. Discovery Stock (NASDAQ:WBD)?
- “Didn’t Develop the Way Automakers Thought.” Ford Notches Up, Reconsidering the EV Market
- “Our Focus is Increasingly…on Inference”: Intel Stock (NASDAQ:INTC) Jumps With Crescent Island Testing Next Year