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AMP Finishes Second Buyback, Lifting 2026 Shareholder Returns to $424m

AMP has finished its $150 million on-market buyback, lifting its share buyback total for the year to $300 million and its payouts to shareholders to $424 million.
By Josua Ferreira -
AMP (ASX: AMP) large outdoor display as $150m buyback completed
Amp Ltd
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Market Impact
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  • AMP has completed its $150 million on-market share buyback, announced with its half-year results.
  • The completed buyback takes AMP's total on-market share buyback for this financial year to $300 million.
  • AMP has returned $424 million to shareholders in 2026 through buybacks and dividends.
  • Chief Executive Blair Vernon called this the company's second buyback of the year.
  • AMP will give a further update on its capital management strategy at its full-year results.
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AMP Limited has completed its on-market share buyback, purchasing $150 million of ordinary shares as announced at its 1H 26 Results. The completion takes the total on-market share buyback for FY 26 to $300 million.

The company released the update on 9 November 2026.

Key buyback figures

  • Buyback completed: $150 million (announced at 1H 26 Results)
  • Total FY 26 on-market share buyback: $300 million
  • Total returned via buybacks and dividends in 2026: $424 million

Blair Vernon on capital returns

AMP Chief Executive Blair Vernon described the completed buyback as the company’s second of the year.

Blair Vernon, AMP Chief Executive

“I’m pleased we have completed our second buyback of the year, taking the total returned to shareholders via buybacks and dividends to $424 million in 2026. We will provide a further update on our capital management strategy at our FY 26 Results.”

AMP will provide a further update on its capital management strategy at its FY 26 Results.

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Frequently Asked Questions

What is an on-market share buyback?

An on-market share buyback is when a company buys its own shares on the ASX, which cuts the number of shares on issue.

How much has AMP spent on share buybacks this financial year?

AMP has spent $300 million on on-market share buybacks this financial year, after completing a $150 million buyback.

How much has AMP returned to shareholders in 2026?

AMP has returned $424 million to shareholders in 2026 through buybacks and dividends, according to Chief Executive Blair Vernon.

When will AMP update shareholders on its capital management plans?

AMP will give a further update on its capital management strategy when it reports its full-year results.

Josua Ferreira
By Josua Ferreira
Partnership Director
Josua Ferreira holds a Bachelor of Commerce in Marketing and Advertising and brings a background in publication, business development, and ASX market storytelling. He has worked with listed companies across the resource sector and broader market, combining sharp commercial instincts with a genuine commitment to keeping investors informed.
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