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National Australia Bank Announces to Buy Back up to $2.5bn of Ordinary Shares On-Market

30 Jul 2021  |  08:32:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: NAB to buy back up to $2.5B of ordinary shares on-market

National Australia Bank announced that it intends to buy back up to $2.5bn of its ordinary shares on-market to progress managing its Common Equity Tier 1 (CET1) towards its target range of 10.75-11.25%. Subject to market conditions, it expects to commence the buy-back in mid to late August 2021.

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