AMP 1.85% $1.51 amp limited

What is the aim of the buyback?

  1. 10,468 Posts.
    lightbulb Created with Sketch. 88
    I’m struggling to see what benefits does buyback’s give to a small retail investor who wishes
    to hold shares in the company?

    All I can see is the BB will artificially increase the EPS, which will increase and improve TSR
    for management achieving their reward goals.

    Their is no guarantee that it will increase the SP or maintain it at the current level and is a dubious
    form of capital return for mum and dad investor’s

    How does the board counter this artificial increase in EPS, when it comes to rewarding management
    and directors.

    With commodity companies u can monitors if BB is pushing the price or the commodity itself.

 
watchlist Created with Sketch. Add AMP (ASX) to my watchlist
(20min delay)
Last
$1.51
Change
0.028(1.85%)
Mkt cap ! $3.822B
Open High Low Value Volume
$1.50 $1.52 $1.50 $6.604M 4.380M

Buyers (Bids)

No. Vol. Price($)
32 108276 $1.51
 

Sellers (Offers)

Price($) Vol. No.
$1.52 147668 85
View Market Depth
Last trade - 14.56pm 07/11/2024 (20 minute delay) ?
AMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.