AustralianSuper becomes substantial holder in National Australia Bank

AustralianSuper Pty Ltd became a substantial holder in National Australia Bank Limited on September 19, 2025. The investment firm now holds a relevant interest in 153,496,815 ordinary shares, representing a voting power of 5.01% in the bank. JPMorgan Nominees Australia Ltd is the registered holder of these securities.

The acquisition of this substantial stake involved numerous transactions over recent months. Notable purchases include 111,707 shares on July 2, 2025, and significant acquisitions of 877,986 and 621,813 shares on August 14 and 15, 2025, respectively. The company also acquired large blocks of shares, such as 341,109 shares on July 24, 2025, and 337,502 shares on August 5, 2025.

Consideration for these transactions varied, with prices ranging from AUD34.78 to AUD43.79 per share, primarily involving cash. On the date AustralianSuper became a substantial holder, key acquisitions included 343,249 shares, 1,182 shares, 12,168 shares, and 190 shares, all at AUD43.79 per share.