QBE Insurance Group Updates on Share Buy-Back Program

Tip Ranks
2025.12.14 22:28
portai
I'm PortAI, I can summarize articles.

QBE Insurance Group Limited has updated its ongoing share buy-back program, purchasing 443,253 ordinary fully paid securities. This initiative aims to enhance shareholder value and optimize capital structure. The latest analyst rating for QBE stock is a Buy with a A$23.00 price target. QBE is a major player in the insurance industry, offering comprehensive coverage globally. Current market cap is A$29.25B, with a YTD price performance of 5.46% and a technical sentiment signal of Buy.