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The latest announcement is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd announced the cessation of 40,000 ordinary fully paid securities due to an on-market buy-back, effective November 12, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and signaling confidence in its financial position, which may influence investor perceptions and market positioning.
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, focusing on investment management and related financial products. The company is known for managing global equity and infrastructure strategies, catering to a diverse range of clients including retail and institutional investors.
YTD Price Performance: -9.48%
Average Trading Volume: 565,958
Technical Sentiment Signal: Hold
Current Market Cap: A$1.59B
See more data about MFG stock on TipRanks’ Stock Analysis page.