National Australia Bank Limited (AU:NAB) has released an update.
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National Australia Bank Limited has announced the cancellation of 404,506 of its ordinary fully paid shares as a result of an on-market buy-back on September 11, 2024. This financial maneuver is part of the bank’s capital management strategy and has been officially communicated on September 12, 2024. Shareholders and investors may see this as a move to enhance shareholder value.
For further insights into AU:NAB stock, check out TipRanks’ Stock Analysis page.
