tiprankstipranks
Pinnacle Investment Ceases Substantial Holding in AMP Limited
Company Announcements

Pinnacle Investment Ceases Substantial Holding in AMP Limited

Story Highlights

Invest with Confidence:

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

AMP Limited, a significant entity in the financial services industry, has seen a change in its shareholder structure. Pinnacle Investment Management Group Limited and its subsidiaries have ceased to be substantial holders of AMP Limited as of January 23, 2025. This change may impact AMP’s market perception and shareholder dynamics, potentially affecting investor confidence and the company’s strategic direction.

More about AMP Limited

YTD Price Performance: 17.11%

Average Trading Volume: 200

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.84B

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App