Mostly all companies sp stays within a range during this period.
Especially during a buy-back period, the company would be accused of inflating the price and the SH receiving less shares.
In AMP case they would not want the shares to fall during the period which would mean issuing more shares.
Checkout other stocks during this period, you will notice a pattern
What is the aim of the buyback?, page-23
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 (20min delay)
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Last
$1.07 |
Change
-0.003(0.23%) |
Mkt cap ! $2.873B | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.09 | $1.07 | $2.424M | 2.251M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 540855 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 602027 | 51 |
View Market Depth
| Last trade - 13.20pm 07/06/2024 (20 minute delay) ? |
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Last
$1.07 |
Change
-0.003 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $1.08 | $1.09 | $1.07 | 833009 | ||
| Last updated 13.38pm 07/06/2024 ? | |||||
| AMP (ASX) Chart |