ASX:AMPDiversified Financial
Assessing AMP (ASX:AMP)’s Valuation as Class Action Settlement Signals Progress on Legacy Issues
AMP (ASX:AMP) has moved to settle a longstanding class action over historic adviser commissions with a proposed A$29 million agreement, aiming to draw a line under legacy conduct risks and refocus investors on its core operations.
See our latest analysis for AMP.
The announcement has landed against a backdrop of solid share price momentum, with AMP delivering a year to date share price return of 15.67 percent and a three year total shareholder return of 45.18 percent. This suggests investors...