AMP 1.56% $1.30 amp limited

Suplus Cash in AMP

  1. 2,287 Posts.
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    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.

 
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