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Magellan Financial Group Ltd ( (AU:MFG) ) just unveiled an update.
Magellan Financial Group Ltd has announced the cessation of 40,000 ordinary fully paid securities due to an on-market buy-back, effective September 25, 2025. This move may impact the company’s capital structure and could be part of a broader strategy to optimize shareholder value, reflecting its ongoing efforts to manage its financial operations effectively.
The most recent analyst rating on (AU:MFG) stock is a Sell with a A$8.65 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is a company operating in the financial services industry, primarily focused on investment management. The company provides a range of financial products and services, catering to various market segments.
Average Trading Volume: 674,768
Technical Sentiment Signal: Buy
Current Market Cap: A$1.7B
See more data about MFG stock on TipRanks’ Stock Analysis page.