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NAB Continues On-Market Buy-Back to Optimize Capital Structure
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NAB Continues On-Market Buy-Back to Optimize Capital Structure

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National Australia Bank Limited ( (AU:NAB) ) has shared an update.

National Australia Bank Limited has issued a daily update on its ongoing on-market buy-back program. As of January 14, 2025, the bank has repurchased a total of 74,502,888 ordinary fully paid securities, with an additional 217,267 securities bought back on the previous day. This buy-back initiative is part of NAB’s strategy to manage capital effectively and return value to shareholders. The buy-back program’s progress reflects NAB’s commitment to enhancing shareholder returns and optimizing its capital structure.

More about National Australia Bank Limited

National Australia Bank Limited (NAB) is a major financial institution in Australia, primarily offering banking services such as loans, credit, and investment products. It operates in the financial services industry, focusing on both retail and business banking, and is a prominent player in the Australian market.

YTD Price Performance: 0.63%

Average Trading Volume: 1,541

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $71.53B

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

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