13 Oct 2025 | 3 Mins Read
ANZ halts stock buyback amid bank CEO's overhaul
Flipitmoney
ANZ Group Holdings Ltd. halts its A$800 million stock buyback and focuses on cost savings to lift performance. CEO Nuno Matos aims for a 12% return on tangible equity by 2028. He's reorganizing the bank to be leaner, improve risk management, and simplify operations, with new senior leaders installed, citing rising shares over 20% so far this year.