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$1.11 amp limited

Easy. Unless they have Franking Credits to distribute it's a...

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mrriesq

832 Posts.

67

11/03/24

06:36

Post #: 72835343
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Originally posted by MirCat: ↑

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.

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Easy. Unless they have Franking Credits to distribute it's a better solution than me having to give half of that cash to the tax man.

AMP Price at posting: $1.11 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.11		Change 0.040(3.76%)		Mkt cap ! $2.975B

Open	High	Low	Value	Volume
$1.07	$1.11	$1.07	$18.45M	16.92M

Buyers (Bids)

No.	Vol.	Price($)
7	388323	$1.10

Sellers (Offers)

Price($)	Vol.	No.
$1.11	602532	32

View Market Depth

No.	Vol.	Price($)
1	1	1.130
1	11	1.105
4	21602	1.100
3	144795	1.095
5	97582	1.090

Price($)	Vol.	No.
1.070	207	2
1.100	12054	4
1.105	148794	3
1.110	833321	27
1.115	163282	9

Last trade - 16.10pm 23/05/2024 (20 minute delay)


Last $1.11			Change 0.040 ( 3.24 %)
Open	High		Low	Volume
$1.07	$1.11		$1.07	7931043
Last updated 15.59pm 23/05/2024 ?

AMP (ASX) Chart