ANZ Reports 4% Decline in Interim Profit, Sets Share Buyback Plan

Monday, 6 May 2024, 23:34

ANZ, a leading Australian lender, disclosed a 4% decrease in its interim profit, while showcasing resilience through a robust capital position. The company further uplifted shareholders with a nearly 2.5% increase in dividends and unveiled plans for a share buyback program.
LivaRava Finance Meta Image
ANZ Reports 4% Decline in Interim Profit, Sets Share Buyback Plan

ANZ's Interim Profit Update

The Australian lender, ANZ, recently announced its interim profit which experienced a 4% decline. Despite this setback, the company's capital position holds strong, showcasing stability.

Dividend Boost and Share Buyback

ANZ delighted its shareholders by boosting dividends by nearly 2.5% and unveiling plans for a share buyback program. This strategic move indicates the company's confidence in its financial standing.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe