AMP 0.66% $1.53 amp limited

What is the aim of the buyback?, page-52

  1. 3,152 Posts.
    lightbulb Created with Sketch. 211
    As the name implies a capital return is just that, getting your capital back (don't forget a loss for inflation included) whereas a buy back reduces the number of shares that with a well run business will increase the profit per share going forward. Thus the shareprice should go up which is the reason you buy in the first place!
 
watchlist Created with Sketch. Add AMP (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
AMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.