NAB ASX announcement - Update - Notification of buy-back

Sep 28, 2023 · 8:27am. 05/09/2024. Update - Notification of buy-back - NAB. 6. 8:23am. All NAB Announcements. Read the full ASX announcement titled "Update - Notification of buy-back - NAB" for NAB on Sep 28, 2023, on Market Index. Stay updated with the latest market news and …

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FAQs about NAB ASX announcement - Update - Notification of buy-back Coupon?

What is NAB's on-market buy-back?

For more insights about technology and the digital developments enabling change for customers, visit the NAB tech blog on Medium. Upon completion of a $2.5 billion on-market share buy-back, NAB has announced the commencement of a further on-market buy-back of up to $2.5 billion. ...

How much will nab buy back?

NAB has also announced that it will commence a further on-market buy-back of up to $2.5 billion, bringing the total potential combined size to $5 billion. The further buy-back will allow NAB to continue managing its Common Equity Tier 1 (CET1) capital ratio towards its target range of 10.75 – 11.25% over time. ...

Did National Australia Bank repurchase shares?

National Australia Bank Limited (AU:NAB) has released an update. National Australia Bank Limited has announced an update to its ongoing share buy-back program, revealing that it repurchased 275,410 ordinary shares on the previous day, adding to a total of over 71 million shares bought back so far. ...

Will APRA buy-back reduce NAB's CET1 capital ratio?

NAB continues to operate well above APRA’s Unquestionably Strong benchmark of 10.50% (under current APRA capital standards), with a reported CET1 capital ratio of 12.4% as at 31 December 2021. The further $2.5 billion on-market buy-back will reduce the Group’s CET1 capital ratio by approximately 58 basis points. ...

Where is NAB place Melbourne?

Feature image above: NAB Place Melbourne is in the heart of the CBD. NAB today announced the completion of its $2.5 billion on-market share buy-back, which resulted in the buy-back of 86,925,469 ordinary shares. ...

Will APRA's new regulatory capital framework affect NAB?

The implementation of APRA’s new regulatory capital framework on 1 January 2023 is not expected to materially change the amount of capital required to be held by NAB. Any further capital returns will be dependent on market conditions and capital outlook at the time. NAB has today released its third quarter trading update. ...