AMP 0.47% $1.07 amp limited

What is the aim of the buyback?, page-16

  1. 6,562 Posts.
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    please explain how the company by creating shares and keeping the money will change the SP

    Companies that offer DRP programs allow their shareholders to elect to automatically reinvest all or a portion of their cash dividends
    into////// XXXXX new shares in the company XXXXX.///////// So, instead of getting a cash payment, you will instead see an increase in the size of your shareholding in the company, equivalent to the amount of money you would have otherwise received as your dividend.
 
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11 167710 $1.06
 

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Price($) Vol. No.
$1.07 502958 16
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
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