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

Story Highlights
  • AMP Limited issued a fresh ASX update on its ongoing on-market buy-back of ordinary fully paid shares, detailing cumulative and daily repurchase volumes.
  • The continued buy-back, launched in March 2026, underscores AMP’s capital management strategy and may affect its share count, EPS dynamics and capital return for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AMP Updates Market on Progress of Ongoing On-Market Share Buy-Back

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

AMP Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for ordinary fully paid shares. The company reported that it had repurchased a cumulative total of 22,510,328 shares prior to the latest trading day, with an additional 1,365,673 shares bought back on the previous day.

This daily update, dated 5 May 2026, follows the initial buy-back notification lodged on 27 March 2026 and an earlier update on 4 May 2026. The continued on-market buy-back highlights AMP’s active capital management strategy, which may influence its share count, earnings per share metrics and capital return profile for existing investors.

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, providing investment and related services to its shareholder base and market participants.

YTD Price Performance: -18.25%

Average Trading Volume: 13,113,681

Technical Sentiment Signal: Hold

Current Market Cap: A$3.71B

Find detailed analytics on AMP stock on TipRanks’ Stock Analysis page.

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