Suncorp share price: Why SUN.AX slid 4.6% after the dividend cut-off and a fresh buyback update
Suncorp Group Ltd slipped 4.6% on Monday, closing at A$14.80. Shares dipped as low as A$14.75 during the session, compared to Friday’s A$15.52 finish.

Australian stocks notched a fourth consecutive decline on Friday, with the S&P/ASX 200 edging down 6.9 points, or roughly 0.1%, to finish at 8,786.5. The All Ordinaries index slipped 0.2% to 9,006.4. Over the last five sessions, the benchmark has dropped 1.8%.