ANZ completes UK securities buy-back

Company News


Australia and New Zealand Banking Group (ASX:ANZ) has completed its buy-back of about $699 million in UK hybrid securities.

The buy-back was completed via a wholly-owned subsidiary late last week and the UK hybrid securities have been cancelled.

The bank boosted its first half net profit by 10 per last month, on the back of improving performances in Asia, the Pacific, Europe and America.

ANZ reported a net profit of $2.9 billion in the first half of the 2012 financial year.

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