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AMP ( (AU:AMP) ) has shared an announcement.
AMP Limited has provided an update on its ongoing on-market share buy-back program for its ordinary fully paid shares on the ASX, disclosing that a total of 9,662,254 shares had been repurchased prior to the latest reporting day. The company reported that a further 2,253,102 shares were bought back on the previous trading day, underscoring its continued capital management efforts and potentially signaling confidence in its balance sheet and long-term valuation for shareholders.
The latest notification, dated 27 April 2026, forms part of AMP’s daily buy-back reporting that commenced with an initial buy-back notification on 27 March 2026. By systematically retiring shares through on-market purchases, AMP may improve earnings per share and capital efficiency, which can influence investor perception and its positioning within the Australian financial services sector.
The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.94 price target. To see the full list of analyst forecasts on AMP stock, see the AU:AMP Stock Forecast page.
More about AMP
AMP Limited is an Australian-listed financial services company that issues ordinary fully paid shares traded under the ASX code AMP. The group operates in the broader financial sector, focusing on wealth management, banking, insurance, and related financial products and services for retail and institutional clients.
YTD Price Performance: -19.64%
Average Trading Volume: 12,668,333
Technical Sentiment Signal: Sell
Current Market Cap: A$3.64B
See more insights into AMP stock on TipRanks’ Stock Analysis page.