1H24 Financial Results
Capital - divestments/buy-backs
Announced divestment program - $9.2bn returned to shareholders to date
Divestments
Completed
Associated
buy-back
PT Bank Commonwealth
Mid CY24
General Insurance
Sep 22
Bank of Hangzhou (HZB)1
Jun 22
Colonial First State (CFS) 1
Dec 21
Aussie Home Loans (AHL)1
May 21
Completed: $3bn
on-market buy-back and
AUSIEX
May 21
$6bn off-market buy-back.
CommInsure Life
Apr 21
In progress: $1bn
BoCommLife
Dec 20
PT Commonwealth Life
Jun 20
on-market buy-back
announced Aug 23, $154m
completed as at Dec 23.
Financial Wisdom
Jun 20
CFP Pathways
Mar 20
Count Financial
CFSGAM
Oct 19
Aug 19
TymeDigital
Sovereign
Completed
Nov 18
Jul 18
1. Represents partial divestments. CBA's retained shareholdings are ~5.6% of HZB, 45% of CFS and -42% of Lendi (merged with AHL).
-$11bn
CET1
$10bn
On-market
$1bn
(in progress)
$3bn
On-market
(completed)
$6bn
Off-market
(completed)
Divestments
Buy-backs
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