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Magellan Financial Continues Share Buy-Back

Magellan Financial Continues Share Buy-Back

Magellan Financial Group Ltd (AU:MFG) has released an update.

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Magellan Financial Group Limited has provided an update on its ongoing stock buy-back program, revealing the purchase of an additional 89,434 ordinary fully paid shares. This brings the total number of shares bought back to date to 6,568,600. The buy-back is part of the company’s strategy to manage capital effectively and deliver value to shareholders.

For further insights into AU:MFG stock, check out TipRanks’ Stock Analysis page.

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