ANZ Extends Share Buyback Period Amid Trump’s Tariff Uncertainty

ANZ Group Holdings Ltd. moved to extend the time it has to complete its A$2 billion ($1.3 billion) share buyback, citing uncertainty in global conditions.

The Melbourne-based lender filed with the regulator to lengthen the buyback period for 12 more months after completing A$1.2 billion of the program, according to a statement Thursday. ANZ will adopt slightly more conservative capital settings, which include the flexibility to adjust the pace of the remaining buyback, it said. The buyback was announced in May last year.