ANZ Cancels Buyback to Focus on Mortgage and Commercial Banking Investments
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 12 2025
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Source: WSJ
ANZ Group's Strategic Shift: Australia’s ANZ Group has decided to halt its ongoing share buyback program to focus on investing in mortgage and commercial banking sectors under its new CEO.
Financial Implications: The decision to scrap the share buyback, which had approximately A$800 million remaining, will enable ANZ to return about A$1 billion in surplus capital to the bank.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
