Written by 3:24 pm Home Top Stories, ASX, Australia, Homepage, Investment News, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News

Suncorp Section 259C(2) ASX Update: What December Filing Reveals

Suncorp Group Limited (ASX: SUN) has lodged its Suncorp Section 259C(2) ASX update with the Australian Securities Exchange on 23 December 2025. The Suncorp Group ASX disclosure confirms zero voting shares held by the Company’s controlled entities as at 19 December 2025.

 Figure 1: Suncorp Group Limited signage displayed at the company’s corporate office

This Suncorp corporate announcement follows regulatory requirements under the Corporations Act 2001. The Company reports no economic exposure through derivatives or controlled entity holdings across its 1,074,483,429 fully paid ordinary shares.

Regulatory Framework Behind Suncorp Group ASX Disclosure

The Suncorp Section 259C(2) ASX update mandates periodic disclosure of voting share control. Companies must report aggregated numbers of shares where controlled entities hold voting power or disposal rights. Suncorp complies with ASIC exemption terms through this Suncorp Group ASX disclosure.

The Suncorp corporate announcement provides transparency on internal shareholdings. This regulatory obligation ensures market participants understand any economic interest the Company maintains in its own securities through subsidiaries or derivative contracts.

Key Details from the Latest Suncorp Group ASX Disclosure

The Suncorp Section 259C(2) ASX update reveals critical data points. Zero ordinary shares are held by Suncorp’s controlled entities for voting or disposal purposes. The Suncorp corporate announcement also reports zero net economic exposure excluding controlled entity holdings.

Figure 2: Extract from Suncorp Group’s Section 259C(2) disclosure showing issued capital and confirmation of nil voting shares held by controlled entities as at 19 December 2025.

Total issued capital stands at 1,074,483,429 fully paid ordinary shares. This represents the current share base following February 2025’s share consolidation linked to the bank capital return programme announced in earlier Suncorp Group ASX disclosure documents.

Zero Holdings Declaration in Latest Suncorp Group ASX Disclosure

The Suncorp Section 259C(2) ASX update confirms nil holdings across all categories. No controlled entities possess voting power over Suncorp ordinary shares. This transparency in the Suncorp corporate announcement aligns with corporate governance standards.

The Company’s registered address remains Level 23, 80 Ann Street, Brisbane, Queensland 4000. The Chief Financial Officer authorised this Suncorp Group ASX disclosure for lodgement under delegated authority.

Comparing Previous Suncorp Corporate Announcement Records

The current Suncorp Section 259C(2) ASX update replaces the 23 September 2025 filing. Quarterly reporting demonstrates consistent nil holdings throughout 2025. This pattern in successive Suncorp Group ASX disclosure documents reflects the Company’s post-bank-sale capital structure.


Figure 3: Suncorp Group staff

Suncorp maintains regular disclosure protocols under Section 259C(2) requirements. The December 2025 Suncorp corporate announcement continues this transparency framework without material changes from prior periods.

Strong Earnings Growth

Suncorp delivered AUD 1,486 million in cash earnings for FY25. Net profit after tax reached AUD 1,823 million, up 52.3% on the prior year. The Company declared total ordinary dividends of AUD 0.90 per share, fully franked.

Figure 4: Summary of Suncorp Group’s FY25 financial performance and shareholder returns, including cash earnings, dividends, capital returns, and total shareholder return.

General Insurance profit after tax surged to AUD 1,542 million. Underlying insurance trading ratio improved to 11.9% from 11.1% previously. Natural hazard experience came in AUD 205 million, favourable to allowance.

Capital Management Strategy

The Company returned AUD 3.22 per share from bank sale proceeds. A AUD 400 million on-market buyback commencedin  September 2025. This demonstrates disciplined capital allocation following the major divestment detailed in previous Suncorp Group ASX disclosure releases.

Suncorp maintains excess Common Equity Tier 1 capital within the target range. The Company targets a 60-80% dividend payout ratio of cash earnings.

Suncorp Share Price Outlook After Section 259C(2) ASX Update

Suncorp shares closed at AUD 17.800 on 23 December 2025. The stock trades within its 52-week range of AUD 16.630 to AUD 25.261 per share. Market capitalisation of AUD 19.03 billion reflects the post-consolidation structure.

Figure 5: Six-month daily share price performance of Suncorp Group Limited (ASX: SUN) as at 23 December 2025.

Analysts note strong capital generation supports ongoing buyback programmes. The Company’s disciplined approach to capital management underpins shareholder returns. FY26 guidance suggests continued margin improvement and profitable growth.

FAQs

Q1. What does the latest Suncorp Section 259C(2) ASX update reveal?

Ans. The Suncorp Section 259C(2) ASX update confirms zero voting shares held by controlled entities. The Suncorp Group ASX disclosure reports no economic exposure through derivatives or internal shareholdings as at 19 December 2025.

Q2. How many Suncorp shares are currently on issue per the corporate announcement?

Ans. Suncorp Group has 1,074,483,429 fully paid ordinary shares on issue. This reflects the post-consolidation capital structure following the February 2025 bank sale capital return detailed in previous Suncorp corporate announcement documents.

Q3. What is Suncorp’s current share price following the Group ASX disclosure?

Ans. Suncorp shares trade at AUD 17.800 with market capitalisation of AUD 19.03 billion. The 52-week trading range spans AUD 16.630 to AUD 25.261 per share as at the Suncorp Section 259C(2) ASX update date.

Q4. When was the previous Suncorp Group ASX disclosure lodged?

Ans. The previous Suncorp Group ASX disclosure was lodged on 23 September 2025. Both Suncorp Section 259C(2) ASX update documents confirm nil holdings by controlled entities throughout the reporting period.

Disclaimer

Visited 5 times, 5 visit(s) today
Author-box-logo-do-not-touch
Website |  + posts
Last modified: December 23, 2025
Close Search Window
Close