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AMP ( (AU:AMP) ) just unveiled an announcement.
AMP Limited has completed the redemption of all its AMP Capital Notes 2, effectively removing them from the market. This action marks the fulfillment of a prior redemption notice and ensures that all holders have been compensated with the face value and final distribution. This move may streamline AMP’s capital structure and potentially impact its financial strategy moving forward.
The most recent analyst rating on (AU:AMP) stock is a Hold with a A$1.50 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 a financial services company based in Australia, primarily involved in providing wealth management, investment, and banking products. The company focuses on offering a range of financial solutions to individuals and institutions, positioning itself as a key player in the Australian financial services industry.
Average Trading Volume: 6,163,309
Technical Sentiment Signal: Buy
Current Market Cap: A$4.67B
For an in-depth examination of AMP stock, go to TipRanks’ Overview page.