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Suncorp-Metway Ltd's (ASX:SUN) shareholders have approved company plans to simplify its complex and unwieldy corporate structure.
Last month, the Queensland-based financial services group announced it was going to restructure its business under a new ASX-listed non-operating holding company.
Suncorp asked its shareholders to approve a buy-back of Suncorp-Metway shares, which would transfer capital within the group.
For the year ended 30 June 2010, Suncorp reported a net profit of $789 million.
News: Suncorp shareholders approve restructure
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Last
$19.70 |
Change
0.030(0.15%) |
Mkt cap ! $23.46B | |||
| Open | High | Low | Value | Volume |
| $19.59 | $19.71 | $19.48 | $35.18M | 1.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2065 | $19.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.70 | 80233 | 7 |
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