When did Suncorp shares float?
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When did Suncorp shares float?
The public paid $6.10 for the notes in two instalments and these exchanged for ordinary shares on 1 November 1999, increasing the number of Suncorp Metway shareholders from 36,000 to approximately 111,000.
Who owns the Suncorp Group?
the Queensland Government
Suncorp, owned by the Queensland Government and QIDC merged with Metway Bank to create Suncorp Metway, Australia’s fifth largest listed financial services group. Queensland Government was the largest shareholder of the new group with a 68 per cent holding.
Who is Suncorp backed by?
It is one of Australia’s mid-size banks (by combined lending and deposits) and its largest general insurance group, formed on 1 December 1996 by the merger of Suncorp, Metway Bank and the Queensland Industry Development Corporation (QIDC)….Suncorp Group.
| Type | Public |
|---|---|
| Website | suncorpgroup.com.au |
Is Suncorp a good share to buy?
It too values Suncorp at $13.14 per share, slightly off the consensus of $13.32 according to Bloomberg data. Will the price performance change? Well, according to these brokers, it could do. But 25% of analysts covering the stock still have it as a hold right now, whilst 75% remain bullish, according to Bloomberg.
Is Suncorp a good share?
The overall consensus recommendation for Suncorp is Buy.
Does Suncorp own AAMI?
The Suncorp Network. AAMI is part of the Suncorp Network, which brings together financial services and products from brands like AAMI, Suncorp, GIO, Apia, Shannons and Bingle.
Is Suncorp a buy or sell?
According to a recent note, the broker has a buy rating and $13.74 price target on the company’s shares. Based on the current Suncorp share price of $12.52, this implies potential upside of 10% over the next 12 months before dividends.
Why are Suncorp shares dropping?
Key points. The Suncorp Group Ltd (ASX: SUN) share price is tanking today after a top broker downgraded it due to “structural” risks from climate change. Shares in the insurance and banking group have so far tumbled 5.12% to a three-week low of $11.50.
Does Suncorp own NRMA?
NRMA Comprehensive AAMI is part of the Suncorp Network. They claim that this will give you “access to our trusted partner network for claims”, and that “you can access simple, great value Suncorp banking products to help you spend and save better”.
Is QBE a good buy?
Over the past 12 months the QBE share price is up 12.1%, outpacing the 5.6% gains posted by the S&P/ASX 200 Index (ASX: XJO) during that same period. At the current price of $10.86, QBE shares pay a trailing dividend yield of 2.8%, 10% franked.
Is IAG ASX a buy?
The Insurance Australia Group Ltd (ASX: IAG) share price has not proven to be a defensive buy at any time in recent history. This is an ASX 200 share that remains down by 7.77% over the past 12 months, and down almost 32% over the past five year…
