Australia's AMA Group rises on share buyback programme

Ama

08/05/2026 03:59

** Shares of AMA Group AMA.AX rise as much as 4.4% to A$0.595, their highest since May 1

** Collision repair business says it is implementing an on-market share buyback of up to 47.8 million shares

** Co says it intends to conduct the buyback for upto 12 months

** Stock down 25.6% year-to-date

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))