Business
AMP : completes $150 million on-market share buyback
AMP : completes $150 million on-market share
About this update from Amp Limited
AMP Limited today announced that it has completed the on-market share buyback of $150 million of ordinary shares (the Buyback), announced on 27 March 2026. Under the Buyback, which commenced on 17 April 2026, AMP bought back approximately 99 million ordinary shares at an average price of approximately $1.52 per share. AMP's capital strategy continues to be focused on returning surplus capital to shareholders by way of dividend and buyback. An update will be provided at its 1H 26 Results on 6 August 2026. AMP Chief Executive Blair Vernon said: "The completion of this Buyback reflects our disciplined approach to capital management, while maintaining a strong and resilient balance sheet. As we focus on driving momentum in our wealth businesses and delivering strong cash generation, we remain committed to returning surplus capital to shareholders."