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An announcement from National Australia Bank Limited ( (AU:NAB) ) is now available.
National Australia Bank Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of the latest notification dated January 9, 2025, the bank has bought back a total of 74,094,801 securities, including 260,029 securities purchased on the previous day. This buy-back initiative is part of the bank’s strategy to manage its capital structure and enhance shareholder value.
More about National Australia Bank Limited
National Australia Bank Limited operates in the financial services industry, providing a range of banking and financial products primarily across Australia and New Zealand. The bank focuses on retail, business, and corporate banking services, aiming to cater to both individual and institutional clients.
YTD Price Performance: 2.49%
Average Trading Volume: 1,541
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $72.22B
For an in-depth examination of NAB stock, go to TipRanks’ Stock Analysis page.
