Its bottom-line net profit nosedived 44 per cent to land at $1.03 billion, as executives announced a $250 million share buyback and a special 10 cent per cent dividend on Wednesday. The total of all the premiums Suncorp charged in the year to June 30 was $15.42 billion, up 2.7 per cent. "Suncorp will have significant financial protection from a multi-year aggregate reinsurance cover," Mr Johnson said. Shareholders pocketed a 52-cent-per-share dividend after Suncorp wrapped up a $400 million share buyback for the 2025/26 financial year. They will receive a special fully-franked 10 cents per share after the underwriter completes another $250 million buyback in the coming financial year.