07.05.2024 05:06:45 - dpa-AFX: ANZ HY Profit Down; To Buy Back Up To A$2 Bln Of Shares
CANBERA (dpa-AFX) - Australia And New Zealand Banking Group Ltd. (ANZ.AX,
ANZBY.PK, ANZ) reported that its profit attributable to shareholders of the
company for the half year ended 31 March 2024 declined to A$3.41 billion or
111.5 cents per share from A$3.56 billion or 113.0 cents per share in the
previous year.
Cash profit for the period was A$3.55 billion, down from A$3.83 billion in the
prior year.
Net interest income for the period was A$7.90 billion down from A$8.50 billion
in the prior year. But other operating income for the period was A$2.11 billion
up from A$1.50 billion in the previous year.
ANZ announced it intends to buy back up to A$2 billion of shares on-market as
part of its capital management plan.
The Board has proposed an Interim Dividend of 83 cents per share, partially
franked at 65%.
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