Ameriprise Financial (AMP) Approved A New Buyback, Is The Stock Still Cheap?

Why Ameriprise Financial Is Back in Focus Ameriprise Financial (AMP) is drawing fresh attention after management approved a new US$5.5b share repurchase authorization and recent coverage highlighted its record of outperforming earnings estimates, along with analyst optimism ahead of the next quarterly report. Ameriprise Financial’s share price has eased roughly 9.3% over the past 30 days after a strong run, even though the 1-year total shareholder return is 5.8% and the 5-year total...