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AMP Director Increases Shareholding in Strategic Move

Story Highlights
  • AMP Limited operates in financial services, offering banking, investment, and insurance.
  • Director Kathleen Anne Bailey-Lord acquired 23,390 shares, boosting her total to 98,701.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

AMP ( (AU:AMP) ) just unveiled an update.

AMP Limited announced a change in the interest of its director, Kathleen Anne Bailey-Lord, who acquired 23,390 ordinary shares, increasing her total holding to 98,701 shares. This transaction, conducted as an on-market trade, reflects a strategic move within the company’s governance structure, potentially impacting shareholder confidence and market perception of AMP’s leadership stability.

More about AMP

AMP Limited operates in the financial services industry, providing a range of products including banking, investment, and insurance services, primarily focusing on the Australian and New Zealand markets.

Average Trading Volume: 9,486,889

Technical Sentiment Signal: Sell

Current Market Cap: A$3.2B

See more data about AMP stock on TipRanks’ Stock Analysis page.

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