BUZZ-Australia's AMP falls on class action proceedings
Reuters
Jul 03, 2025
BUZZ-Australia's AMP falls on class action proceedings
** Shares of wealth manager AMP AMP.AX fall as much as 2.8% to A$1.303, their worst intraday pct loss since mid-April
** Stock among top losers on benchmark S&P/ASX 200 .AXJO index
** Co notes two separate class action proceedings filed against subsidiaries
** Adds, intending to defend proceedings
** Stock down 15.6% this year, including the day's move
(Reporting by Shivangi Lahiri in Bengaluru)
((shivangi.lahiri@thomsonreuters.com))
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