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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.