Why is AMP doing share buybacks however not paying dividends?

Picture Supply: Getty Pictures AMP Restricted (ASX:AMP) could current a curious case for buyers. On one hand, it has dedicated to return capital to shareholders by way of share buyback, however it didn’t declare dividend in 1H FY22. So why did the monetary companies firm resolve on this motion? One rationalization is that the AMP … Read more

The personal fairness vultures circling Meier and David Jones cannot get what they’re paying for

Within the US, greater than 50 private-equity-owned retailers filed for chapter between 2015 and 2020, together with main chains and types corresponding to Neiman Marcus, J. Crew, True Faith, Fortunate Model and Toys R Us. Banks have turn out to be cautious of lending to extremely leveraged PE buyouts, and skeptical buyers have given PE-backed … Read more