Why Suncorp Group Limited Stock Price Is Back in Focus as Buyback Builds
Eyes will be on Suncorp Group as the ASX session kicks off Monday, with the insurer’s buyback tally now sitting at roughly A$250.3 million, according to its latest filing. Shares closed out Friday at A$15.81, a 0.7% lift, even as the S&P/ASX 200 slid 0.82%. Suncorp snapped up 436,570 shares on March 19, according to a March 20 filing, spending A$6.83 million in the process. That brings total buybacks since September to 13,982,564 shares—about 63% of the company’s A$400 million fiscal 2026 goal.