Which exactly of the T20 are you saying are specifically using the buyback to sell? Most of them have been stable or grown overall the last year or so, and pretty much all of them most vote with what their Asset Consultants tell them to do because AMP is like 0.01% of their overall markets exposure.
The T20 on this one is mostly the most boring and plain ETF and/or Major institutional investors going around. Blackrock, Vanguard, Goldman Sachs asset management, Lazard, Dimensional ect. None of them really have control by themselves, and there's no way they are colluding to lobby management as a group. That causes way too many Compliance issues for such a small company in the big scheme.
I know it's possibly been different at other Companies re buybacks, but this one really doesn't have a group of powerful holders telling them what to do re buy-backs and dividends.
What is the aim of the buyback?, page-73
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Last
$1.04 |
Change
-0.025(2.35%) |
Mkt cap ! $2.773B | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.07 | $1.04 | $7.595M | 7.237M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 176533 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 136793 | 5 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.05 |
Change
-0.025 ( 1.75 %) |
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| Open | High | Low | Volume | ||
| $1.06 | $1.06 | $1.05 | 1494686 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| AMP (ASX) Chart |
