Australia’s ANZ halts buyback to save $520 million for strategy overhaul

Investing.comMonday, October 13, 2025 at 6:43:02 AM
Australia’s ANZ halts buyback to save $520 million for strategy overhaul
Australia's ANZ has decided to halt its share buyback program, aiming to save $520 million for a strategic overhaul. This move reflects the bank's commitment to reassess its financial strategies and allocate resources more effectively. By prioritizing long-term growth over immediate shareholder returns, ANZ is positioning itself to adapt to changing market conditions and enhance its competitive edge.
— via World Pulse Now AI Editorial System

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