AMP Limited (AU:AMP) has released an update.
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AMP Limited has announced the issuance of 5,188,927 unquoted equity securities under its rights offering, set to occur on April 24, 2024. These securities are part of an employee incentive scheme and are not expected to be listed on the ASX. This move by AMP Limited provides employees with an additional incentive tied to the company’s performance.
For further insights into AU:AMP stock, check out TipRanks’ Stock Analysis page.
