Australia, ANZ
Australia's ANZ announces $1.3 billion buyback despite lower cash earnings
ANZ Group announced a new A$2 billion ($1.32 billion) share buyback on Tuesday despite reporting a 7% slump in first-half cash earnings due to intense competition in Australia's mortgage lending market coupled with higher operating expenses.
Australia's ANZ Group Announces $1.3 Billion Buyback, First-Half Cash Earnings Drop 7%
(Reuters) - ANZ Group announced a new A$2 billion ($1.32 billion) share buyback on Tuesday, despite reporting a 7% slump in first-half cash earnings due to intense competition in Australia's mortgage lending market coupled with higher operating expenses.
Australia, China
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5hon MSN
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