Or perhaps a broker issuing a sell recommendation. So perhaps todayвЂ™s share price moves are the result of a large institutional investor exiting an AMP position. Just today AMP released a market announcement detailing how it purchased $4.5 million worth of shares last week. This should, in theory, be supporting higher AMP share prices, since share buybacks take shares off the market.

There are no major news or announcements out of the company that might result in investors hitting the sell button.ДЄMP has even commenced a share buyback program as of 10 May. ItвЂ™s not exactly clear why the AMP share price is once again coming under pressure. So why is the AMP share price falling again today? The shares are now around 80% below where they were in February 2018, and 92% below where they were at AMPвЂ™s ASX listing back in 1999. And thatвЂ™s saying something for a company that has been listed for more than two decades. Right now, AMP shares are at their lowest levels ever. But it wasnвЂ™t enough to stop a shareholder revolt at its annual general meeting a few days later, narrowly avoiding a second strike on its remuneration report. It also successfully offloaded its AMP Capital arm last month. This resulted in AMPвЂ™s post-Royal Commission CEO Francesco de Ferrari resigning from AMP earlier this year.ДЄMP did manage to orchestrate the sale of its AMP Life division last year. The companyвЂ™s plans to right the ship have undergone setback after setback. As you might remember, the Royal Commission uncovered systemic misconduct by AMP, including the infamous fees-for-no-service scandal. Ever since the Banking Royal Commission held in 2018, AMP shares have been under pressure. Things have been going downhill for AMP for just over three years now. So whatвЂ™s going on with AMP? A disastrous three years Even the ASX 200 is having a day in the green, currently up 0.2% to 7,047 points today. This move actually makes AMP one of the worst-performing S&P/ASX 200 Index(INDEXASX: XJO) shares on the market today. It also gives up the gains that AMP saw last Friday when the company rose by close to 4%. This puts the embattled wealth manager just a hair above the all-time low of $1.05 a share it reached last week. AMP shares are down a nasty 4% today to $1.08 a share. The AMP Ltd (ASX: AMP) share price continues to go from bad to worse.

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