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AMP Updates Market on Progress of Daily On-Market Share Buy-Back

Story Highlights
  • AMP Limited reported ongoing progress in its on-market buy-back, with over 35 million shares repurchased before the latest trading day.
  • The daily buy-back update underscores AMP’s active capital management program, which may affect share supply and support value for existing investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AMP Updates Market on Progress of Daily On-Market Share Buy-Back

Meet Samuel – Your Personal Investing Prophet

AMP ( (AU:AMP) ) has issued an update.

AMP Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back of ordinary fully paid shares. The update confirms that, as of 13 May 2026, the company has repurchased a cumulative 35,083,234 shares before the previous day and bought back an additional 2,166,428 shares on the previous trading day.

The filing is part of AMP’s daily disclosure obligations under its buy-back program, first notified on 27 March 2026 and most recently updated on 12 May 2026. These transactions indicate continued execution of AMP’s capital management strategy, which can influence share supply, earnings per share metrics, and potentially support value for existing shareholders over time.

The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.65 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 trading under the ASX code AMP. It issues ordinary fully paid shares and operates within the broader financial sector, where capital management initiatives such as on-market share buy-backs are a common tool to adjust capital structure and manage shareholder returns.

Average Trading Volume: 12,054,924

Technical Sentiment Signal: Buy

Current Market Cap: A$3.85B

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

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