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NAB Announces Cessation of Securities Following Buy-Back

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NAB Announces Cessation of Securities Following Buy-Back

National Australia Bank Limited ( (AU:NAB) ) has issued an announcement.

National Australia Bank Limited has announced the cessation of 335,424 ordinary fully paid securities due to an on-market buy-back, effective March 5, 2025. This move is part of NAB’s capital management strategy, potentially impacting its share capital structure and signaling a focus on optimizing shareholder value.

More about National Australia Bank Limited

National Australia Bank Limited (NAB) operates in the financial services industry, providing a range of banking and financial products and services. It is one of the major banks in Australia, focusing on personal banking, business banking, and wealth management services.

YTD Price Performance: -3.07%

Average Trading Volume: 3,397

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $66.98B

Find detailed analytics on NAB stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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