AMP (ASX:AMP) 1-Year Share Buyback Ratio : 7.60% (As of Dec. 2024 )

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What is AMP 1-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. AMP's current 1-Year Share Buyback Ratio was 7.60%.

ASX:AMP's 1-Year Share Buyback Ratio is ranked better than
59.6% of 198 companies
in the Diversified Financial Services industry
Industry Median: 2.3 vs ASX:AMP: 7.60

Competitive Comparison of AMP's 1-Year Share Buyback Ratio

For the Financial Conglomerates subindustry, AMP's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AMP's 1-Year Share Buyback Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, AMP's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where AMP's 1-Year Share Buyback Ratio falls into.

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AMP 1-Year Share Buyback Ratio Calculation

AMP's 1-Year Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Dec. 2023 )	-	Shares Outstanding (EOP) (Dec. 2024 ))	/	Shares Outstanding (EOP) (Dec. 2023 )
	=	(2741.081	-	2531.740)	/	2741.081
	=	7.6%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AMP (ASX:AMP) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

AMP 1-Year Share Buyback Ratio Related Terms

AMP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AMP Ltd (ASX:AMP) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

AMP:Germany

Address

50 Bridge Street, Level 29, Sydney, NSW, AUS, 2000

Website

https://www.amp.com.au

AMP, originally established as the Australian Mutual Provident Society, is a financial services provider in Australia and New Zealand. The firm's offerings span across wealth platforms, superannuation products, along with banking services like home loans and savings accounts through AMP Bank. Previously, AMP had a global investment management division under its subsidiary, AMP Capital, which managed a range of asset classes; an insurance business, AMP Life; as well as a financial advice business. These businesses were sold to various institutions throughout 2020-2024 as part of AMP's simplification program.