Australian Prudential Regulation Authority

ANZ launches Share Purchase Plan Offer

This capital raising is part of a program announced on 6 August 2015 to raise a total of $3 billion in equity capital to meet recently announced capital requirements for major Australian banks by the Australian Prudential Regulation Authority (APRA).

ANZ Chief Executive Officer Mike Smith said: “We considered all the options available and determined that, on balance, a share purchase plan in conjunction with our institutional placement supports our loyal retail shareholders and completes the capital raising in a fair, timely and efficient way.