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Ama Group Limited (ASX:AMA)

ALERT: Price-sensitive ASX Announcement for AMA
Current share price for AMA : $0.450 -0.12 (-21.05%)+
Release
8 May 2026 8:27AM
Price at Release
$0.570
Full Release
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Summary
AMA Group Limited has announced an on-market share buy-back of up to 47,826,141 ordinary shares. This buy-back will occur within the '10/12 limit' as allowed by the Corporations Act 2001, meaning shareholder approval is not required. The buy-back is set to be conducted over a 12-month period, contingent on market conditions, with discretion resting with the Board. This initiative underscores the Board's dedication to disciplined capital management and reflects confidence in the company's strategic direction, balance sheet robustness, and growth potential.
Key Points
  • On-market share buy-back of up to 47,826,141 ordinary shares
  • Buy-back within '10/12 limit' of Corporations Act 2001
  • No shareholder approval required
  • Conducted over a 12-month period subject to market conditions
  • Board's focus on disciplined capital management
  • Reflects confidence in the company's strategy and growth prospects
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.