Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
AMP ( (AU:AMP) ) has shared an announcement.
AMP Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back of ordinary fully paid shares. The filing reports that a total of 25,971,005 shares had been repurchased before the previous trading day, with a further 2,530,934 shares bought back on the prior day as part of the continuing program.
The daily update, dated 7 May 2026, follows the initial buy-back notification lodged in late March 2026 and the most recent update from 6 May 2026. This ongoing repurchase activity indicates AMP is actively returning capital to shareholders and potentially seeking to optimise its capital structure, which may support earnings per share and signal management confidence in the company’s valuation.
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 financial services company listed on the ASX, with its ordinary fully paid shares traded under the ticker AMP. The firm operates within the broader financial sector, and its equity is actively bought and sold in the Australian market, reflecting ongoing capital management and investor interest.
Average Trading Volume: 13,123,732
Technical Sentiment Signal: Hold
Current Market Cap: A$3.72B
For a thorough assessment of AMP stock, go to TipRanks’ Stock Analysis page.