ASX:IAG 19 May 2026

ASX:IAG·ASX:QBE·ASX:SUN·Finance·Investing·News·Stock Market

Suncorp shares gain with $400 million buyback nearly finished

Suncorp closed at A$17.83 Tuesday, up 2.06%, after reporting its on-market buyback had reached about A$398.6 million of a A$400 million cap. The insurer bought back 523,779 shares for A$9.17 million on May 18. QBE and IAG also rose, as insurers led gains on a stronger ASX 200. Suncorp’s buyback, brokered by Barrenjoey, began in September and runs through June 2026.

May 20, 2026

ASX:IAG·Finance·Investment·News·Stock Market

IAG Shares Near A$8 Before ASX Open—The Weather-Cost Test Investors Are Watching

Insurance Australia Group closed at A$7.99 on Monday, down 0.25%, as investors weighed its new strategy and weather-claims risks ahead of Tuesday’s ASX session. The S&P/ASX 200 index fell 1.45% to 8,505.3. IAG lodged a “Notification of cessation of securities” after a recent buy-back update. No new profit figures were released.

May 19, 2026

Diageo Shares Up 12% in a Month Amid Market Challenges
May 28, 2026, 11:31 AM EDT. Diageo Plc shares climbed nearly 12% in a month, reaching prices last seen 14 years ago. The FTSE 100 drinks giant has faced significant headwinds, including a 20% sales plunge in Latin America and the Caribbean and tariffs impacting exports to the US. Despite a 53% drop over five years, recent sales narrowly beat expectations due to seasonal and event-driven boosts. The US market, accounting for 40% of net sales, remains a concern. Tariff removals on Scotch whisky and signs of stabilization in Africa and Latin America have improved investor sentiment, but full-year guidance remains cautious under new CEO Sir Dave Lewis.