AMP Limited (AU:AMP) has released an update.
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AMP Limited has announced the cancellation of 28,222,058 ordinary fully paid shares as a result of an on-market buy-back that took place on September 25, 2024. This corporate action reflects a significant change in the company’s capital structure, potentially impacting its stock’s market performance. Investors in AMP Limited should note this development, as share cancellations can often influence a company’s share price and earnings per share.
For further insights into AU:AMP stock, check out TipRanks’ Stock Analysis page.
