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AMP Limited Issues Unquoted Equity Securities for Employee Incentive

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AMP Limited Issues Unquoted Equity Securities for Employee Incentive

Elevate Your Investing Strategy:

AMP ( (AU:AMP) ) just unveiled an announcement.

AMP Limited has announced the issuance of 5,534,001 unquoted equity securities, specifically rights under the ASX code AMPAB, as part of an employee incentive scheme. This move is likely aimed at enhancing employee engagement and retention, potentially impacting the company’s operational efficiency and market positioning positively.

The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.48 price target. To see the full list of analyst forecasts on AMP stock, see the AU:AMP Stock Forecast page.

More about AMP

Average Trading Volume: 6,653,314

Technical Sentiment Signal: Hold

Current Market Cap: A$3.21B

For detailed information about AMP stock, go to TipRanks’ Stock Analysis page.

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