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Suncorp chief tips V-shaped rebound, announces $250m share buyback – Sydney Morning Herald
The insurance giant will return excess capital to shareholders after delivering a 42 per cent rise in cash earnings.
Suncorp chief executive Steve Johnston expects the economy to stage a firm recovery from the current lockdown-induced slump by the end of this year, as the insurance giant rewarded investors with a $250 million share buyback and special dividend.
As Suncorp…
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