The latest update is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd announced the cessation of 100,000 ordinary fully paid securities due to an on-market buy-back, effective March 25, 2025. This strategic move is part of the company’s capital management efforts, potentially impacting its share value and signaling confidence in its financial stability to stakeholders.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is a company operating in the financial sector, primarily focused on investment management services. It is known for managing global equity and infrastructure strategies, catering to a diverse range of clients including institutional investors, retail investors, and high-net-worth individuals.
YTD Price Performance: -30.07%
Average Trading Volume: 914
Technical Sentiment Signal: Strong Buy
Current Market Cap: €799.7M
Find detailed analytics on MFG stock on TipRanks’ Stock Analysis page.