AMP Limited (AU:AMP) has released an update.
AMP Limited has announced an update on its ongoing stock buy-back program, revealing the repurchase of an additional 2,012,315 ordinary shares on the previous day. This latest transaction brings the total number of shares bought back to 106,918,105. The buy-back, part of their market strategy, is aimed at reducing the company’s outstanding shares and potentially increasing shareholder value.
For further insights into AU:AMP stock, check out TipRanks’ Stock Analysis page.