Suncorp buyback close to wrapping up, weather bills in focus
Suncorp bought 555,147 shares on May 14, bringing its on-market buyback spend to about A$380.7 million out of a planned A$400 million, a filing showed. The insurer also priced A$200 million of Tier 2 notes due 2037 at 150 basis points over three-month BBSW. Suncorp shares last traded at A$17.49, up 2.16% on Friday.