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Magellan Financial Group Ltd ( (AU:MFG) ) has provided an update.
Magellan Financial Group Ltd announced the cessation of 40,000 ordinary fully paid securities due to an on-market buy-back, effective November 14, 2025. This move is part of the company’s capital management strategy, potentially impacting its market positioning by optimizing its capital structure and enhancing shareholder value.
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 focusing on investment management and related financial products. It is known for managing global equity and infrastructure strategies, catering to a diverse range of clients including institutional investors and retail clients.
Average Trading Volume: 556,727
Technical Sentiment Signal: Buy
Current Market Cap: A$1.64B
For detailed information about MFG stock, go to TipRanks’ Stock Analysis page.