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AMP ( (AU:AMP) ) has shared an update.
AMP Limited has disclosed that Perpetual Limited and its related bodies corporate have ceased to be substantial shareholders in the company as of 6 May 2026. The change, lodged with the corporate regulator, indicates Perpetual’s voting interest in AMP has fallen below the substantial holding threshold, signaling a notable shift in AMP’s share register and potentially altering the mix of institutional investors influencing the company’s governance.
The notice follows a previous substantial holding disclosure lodged in March 2026 and reflects subsequent changes in Perpetual’s relevant interests in AMP securities. While specific transaction details are contained in annexed material, the update confirms that Perpetual and its associated entities no longer meet the reporting threshold, which may affect market perceptions of AMP’s institutional support and could prompt closer scrutiny of future movements in its shareholder base.
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 financial services group providing wealth management, investment, superannuation and banking services. The company focuses on retail and institutional clients in Australia and New Zealand, offering financial advice, asset management and retirement products through various subsidiaries and platforms.
Average Trading Volume: 13,412,700
Technical Sentiment Signal: Buy
Current Market Cap: A$3.86B
For detailed information about AMP stock, go to TipRanks’ Stock Analysis page.