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Insurance Australia Group Reduces Capital
Company Announcements

Insurance Australia Group Reduces Capital

Insurance Australia Group Limited (AU:IAG) has released an update.

Insurance Australia Group Limited has announced the cancellation of 17,677,287 of its ordinary fully paid securities as a result of an on-market buy-back that took place on May 13, 2024. This significant move by the company, detailed in its latest release on May 16, 2024, reflects a change in the composition of its issued capital.

For further insights into AU:IAG stock, check out TipRanks’ Stock Analysis page.

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