SUN suncorp group limited

Why has SUN gone to on-market Buybacks!

  1. 12,142 Posts.
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    I thought Steve and the board were doing the right thing for retail shareholders with the 2, RoC with Consolidation.

    Have they been pressured by the T20 - hold about 78% of the shares - they want great share of the $400 million on-market buyback.

    Remember that that the majority of individual shareholders are funding the $400 million set aside for this buyback that I believe will end up in the hands of offical owners predominantly consisting of shareholders with holding above 5000 shares!

    Remember that they still will be getting the dividends!
 
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(20min delay)
Last
$21.05
Change
-0.100(0.47%)
Mkt cap ! $22.79B
Open High Low Value Volume
$21.18 $21.23 $20.92 $44.64M 2.120M

Buyers (Bids)

No. Vol. Price($)
1 4338 $21.04
 

Sellers (Offers)

Price($) Vol. No.
$21.06 642 1
View Market Depth
Last trade - 16.10pm 11/09/2025 (20 minute delay) ?
SUN (ASX) Chart
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