ASX:SUN

Suncorp share price: Why SUN.AX slid 4.6% after the dividend cut-off and a fresh buyback update

Suncorp shares fell 4.6% to A$14.80 on Monday after going ex-dividend, closing below recent buyback prices. The insurer repurchased 376,757 shares for A$5.83 million on Feb. 20, lifting the buyback total to about 9.4 million shares. The dividend record date is Feb. 24 for a 17-cent payout.

23 February 2026

ASX:SUN·Dividends

Suncorp share price slides as AI insurance apps spook investors ahead of results

Suncorp shares dropped 4.24% to A$16.05 Tuesday as fears over new ChatGPT-powered insurance apps hit Australian insurers and brokers. Morningstar’s Nathan Zaia said the apps “caused the sell-off.” Insurance Australia Group fell 6.19%, QBE dropped 3.39%. Investors await Suncorp’s half-year results on Feb. 18.

10 February 2026

Artificial Intelligence·ASX:IAG·ASX:QBE·ASX:SUN·Stock Market·Technology

ANZ share price slips after Suncorp job-cut row as RBA rate bets tighten

ANZ Group shares closed 0.5% lower at A$36.21 on Friday, with about 3.9 million shares traded. The Finance Sector Union criticized ANZ over planned Suncorp Bank job cuts, saying 66 Brisbane roles are set to go. Investors are watching for December CPI data on Jan. 28, ahead of the Reserve Bank’s Feb. 3 meeting, as markets price in a possible rate hike.

23 January 2026

ASX:ANZ·ASX:SUN·Stock Market

Suncorp Group Limited (ASX: SUN) Stock Outlook: Storm-Claims Update, Reinsurance Impact, Buyback Support and Analyst Targets for the Week Ahead (Updated 14 Dec 2025)

Suncorp Group (ASX: SUN) reported over 18,000 insurance claims after late-November storms, calling it one of Queensland’s largest hail events. The company expects a net storm cost of A$350 million, reaching its reinsurance retention limit. SUN shares traded near A$17.30 this week, close to the lower end of their 52-week range.

14 December 2025

ASX Updates·ASX:SUN

Suncorp Group Limited (ASX: SUN) Stock: Latest Storm-Cost Update, Share Buyback Signals and Analyst Forecasts as of 13 December 2025

Suncorp shares closed at A$17.30 on Friday, 12 December 2025, about 4% above the 52-week low set earlier in the month. The company reported over 10,000 storm-related claims and estimated net costs at A$350 million, reaching its reinsurance maximum event retention. Total natural hazard costs for the period hit up to A$1.275 billion, still within its FY26 allowance of A$1.77 billion.

13 December 2025

ASX Updates·ASX:SUN·Stock Market

Xanadu Quantum Technologies to List on Nasdaq and TSX After Shareholder Approval
March 20, 2026, 12:11 AM EDT. Xanadu Quantum Technologies is set to become the first publicly listed photonic quantum technology company. Following shareholder approval of the merger with Crane Harbor Acquisition Corp. (Nasdaq: CHAC), the new entity, Xanadu Quantum Technologies Limited, will begin trading on Nasdaq and the Toronto Stock Exchange under ticker "XNDU" on March 27, 2026. The merger will provide approximately $302 million in gross proceeds to support Xanadu's development of light-based quantum computing technology, which operates at room temperature and avoids costly cooling systems. This capital complements a potential CAD 390 million investment from Canadian and Ontario governments, backing the company's efforts to scale its hardware, software, and cloud-based quantum platforms.