In my memory,AMP has more $1.6B cash than minimum needed amount by regulation as at 31Dec 2018.
And AMP will be settled the sale of insurance business for $3.3B in second half of this year.
Maybe class action by superannuation a/c holders is not a big damage to AMP.
Thus AMP maybe can return capital to very disappointed shareholders up to $1 per share in the future.
Suplus Cash in AMP
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Last
$1.30 |
Change
0.018(1.37%) |
Mkt cap ! $3.375B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.31 | $1.27 | $5.689M | 4.399M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 243093 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 293449 | 35 |
View Market Depth
| Last trade - 15.21pm 02/09/2024 (20 minute delay) ? |
| AMP (ASX) Chart |