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ANZ Halts Share Buy-Back And Outlines Dividend Strategy Amid Strategic Shift

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

ANZ Group Holdings Limited (ANZ.AX) announced a series of capital management actions as part of its broader strategic update under the ANZ 2030 initiative. To strengthen its capital position and maintain a resilient balance sheet, the bank will cease the remaining about A$800 million of its share buy-back program. This move will enable the return of approximately A$1 billion in surplus capital from its Non-Operating Holding Company to the Bank.

Additionally, ANZ plans to apply a 15% discount on the next two dividend Reinvestment Plans (DRPs), which are expected not to be neutralized. The Board anticipates that the Final 2025 dividend will remain unchanged from the first half, with the franking rate also expected to be maintained. The final dividend decision will be announced alongside the fiscal year 2025 audited results on 10 November 2025. The application of a discount to the Interim 2026 DRP will depend on the capital position at that time and the Board's determination to pay a dividend.

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