December 17, 2017 / 8:53 PM / 5 months ago

BRIEF-Australia And New Zealand Banking Group Intends To Buy-Back Up To $1.5 Bln Of Shares On-Market

Dec 18 (Reuters) - Australia And New Zealand Banking Group Ltd:

* ANZ NOW INTENDS TO BUY-BACK UP TO $1.5 BILLION OF SHARES ON-MARKET

* COMPLETES SALE OF 20 PERCENT STAKE IN SHANGHAI RURAL COMMERCIAL BANK

* CET1 CAPITAL RATIOS AS AT SEPT. 30, 2017 TO REMAIN BROADLY UNCHANGED ON PRO FORMA BASIS

* PURCHASE OF SHARES WILL LIKELY BEGIN IN JANUARY 2018 Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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