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

Story Highlights
  • AMP Limited reported it bought back 2,803,741 shares yesterday, lifting total repurchases to 17,983,638 under its ongoing on-market buy-back.
  • The 1 May 2026 update, following earlier March and April notices, shows AMP steadily executing its capital management plan, affecting share supply and potential investor value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AMP Updates Market on Progress of On-Market Share Buy-Back

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

AMP Limited has provided an updated notification on its on-market share buy-back, confirming that it repurchased 2,803,741 ordinary fully paid shares on the previous trading day. This brings the total number of shares bought back under the program to 17,983,638, as the company continues to execute its capital management strategy and adjust its share base.

The daily update, dated 1 May 2026, follows the initial buy-back notification lodged on 27 March 2026 and the prior update on 30 April 2026. Regular disclosures of this kind signal ongoing implementation of the buy-back, which can influence share supply, support the stock price, and potentially enhance value for remaining 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 a listed financial services group trading on the ASX under the code AMP. The company issues ordinary fully paid shares and operates within the broader financial sector, serving investors and other market participants through its capital markets and investment-related activities.

Average Trading Volume: 12,825,816

Technical Sentiment Signal: Sell

Current Market Cap: A$3.6B

For an in-depth examination of AMP stock, go to TipRanks’ Overview page.

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