If a proposed share buy-back is over the 10/12 limit, then it can only take place following passage of an ordinary resolution (passed with a simple majority vote of shareholders). A proposed share buy-back within the 10/12 limit does not require a resolution.
At its AGM on 31 March 2023 AMP shareholders approved the buy-back of up to 500 million shares on-market
Q was approval required to fill the 500m ?
Ann: Update on capital management program, page-25
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Last
$1.53 |
Change
0.010(0.66%) |
Mkt cap ! $3.860B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.55 | $1.52 | $15.80M | 10.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 80077 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 102476 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AMP (ASX) Chart |