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
$1.10 |
Change
0.005(0.46%) |
Mkt cap ! $2.873B | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.10 | $1.09 | $7.936M | 7.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28889 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 1633801 | 41 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AMP (ASX) Chart |