AMP (ASX:AMP) 6-Month Share Buyback Ratio : 2.43% (As of Dec. 2024 )

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What is AMP 6-Month Share Buyback Ratio?

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

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. 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 6-Month Share Buyback Ratio was 2.43%.

Competitive Comparison of AMP's 6-Month Share Buyback Ratio

For the Financial Conglomerates subindustry, AMP's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-Month 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 6-Month Share Buyback Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, AMP's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where AMP's 6-Month Share Buyback Ratio falls into.

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AMP 6-Month Share Buyback Ratio Calculation

AMP's 6-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Jun. 2024 )	-	Shares Outstanding (EOP) (Dec. 2024 ))	/	Shares Outstanding (EOP) (Jun. 2024 )
	=	(2594.789	-	2531.740)	/	2594.789
	=	2.43%

* 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) 6-Month 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 6-Month Share Buyback Ratio Related Terms

AMP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AMP Ltd (ASX:AMP) » Definitions » 6-Month 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.