Suncorp Group Buys Back 289,036 Shares on 12 November 2026 for $5.97 Million

Aakashdeep

13 November 2026 10:15 AM AEDT

Suncorp Group Buys Back 289,036 Shares on 12 November 2026 for $5.97 Million

Image Source: Krish Capital Pty Ltd

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Suncorp Group Limited (ASX:SUN) disclosed a daily on-market buy-back notification dated 13 November 2026, reporting the purchase of 289,036 ordinary fully paid shares on 12 November 2026 for a total consideration of AUD 5,972,145.94, as part of its broader programme to buy back up to $250 million of its fully paid ordinary shares.

Key Points

Suncorp bought back 289,036 ordinary fully paid shares on 12 November 2026 for AUD 5,972,145.94
Cumulative shares bought back before the previous day totalled 4,666,079, with total consideration of AUD 91,429,781.53
The highest price paid on 12 November 2026 was AUD 20.97 per share; the lowest was AUD 20.51
The on-market buy-back programme has a proposed end date of 30 June 2027 and targets up to $250 million in shares
UBS Securities Australia Limited is acting as broker for the buy-back; no shareholder approval is required

Daily Buy-Back Activity on 12 November 2026

According to the filing, Suncorp Group purchased 289,036 ordinary fully paid shares on 12 November 2026 at prices ranging from AUD 20.51 to AUD 20.97 per share, for a total consideration of AUD 5,972,145.94. The highest price allowed to be paid under ASX Listing Rule 7.33 on the previous day was AUD 21.36970000. The buy-back is conducted on market, with UBS Securities Australia Limited named as the broker acting on the company's behalf. The securities subject to the buy-back are listed under ASX code SUN and classified as ordinary fully paid shares.

Cumulative Buy-Back Totals and Programme Scope

Prior to 12 November 2026, Suncorp had bought back a cumulative total of 4,666,079 ordinary shares for a total consideration of AUD 91,429,781.53. The highest price paid across the entire programme to that point was AUD 20.83 per share, recorded on 11 November 2026, while the lowest price paid was AUD 18.50 per share, recorded on 1 October 2026. As at the date of the filing, total ordinary shares on issue in the class subject to the buy-back stood at 1,060,051,406.

Programme Dates and Buy-Back Terms

The on-market buy-back programme commenced on 25 September 2026 and has a proposed end date of 30 June 2027. The initial notification of the buy-back was dated 12 August 2026. Suncorp Group Limited intends to buy back up to AUD 250 million of its fully paid ordinary shares under the programme. The buy-back does not require security holder approval, and the consideration is payable in Australian dollars. The previous announcement to this update was dated 12 November 2026.

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