AMP said in 2019 during the first attempt of selling AMP Life to Resolution:-
– Majority of A$755m net cash proceeds received on settlement to be returned to shareholders, subject to unforeseen circumstances.
At this time AMP was to receive $3B Cash from Resolution. Since then they have done a Capital Raise and raised over $650M.
So stands to reason that they should return $755m to share holders as they mentioned in 2019.
If they did, this would equate to almost 22 cents/Share.
when will AMP HIT $3.00, page-1796
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Last
$1.14 |
Change
0.020(1.79%) |
Mkt cap ! $2.889B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.14 | $1.11 | $4.164M | 3.707M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 135363 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 81042 | 28 |
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| Last trade - 12.19pm 07/08/2024 (20 minute delay) ? |
| AMP (ASX) Chart |