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An announcement from Magellan Financial Group Ltd ( (AU:MFG) ) is now available.
Magellan Financial Group Ltd announced the cessation of 40,000 ordinary fully paid securities due to an on-market buy-back, effective November 21, 2025. This move is part of the company’s capital management strategy, potentially impacting its market positioning by optimizing its capital structure and returning value to shareholders.
The most recent analyst rating on (AU:MFG) stock is a Hold with a A$10.70 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 providing investment management services. The company is known for managing global equity and infrastructure strategies, catering to a wide range of investors.
Average Trading Volume: 556,657
Technical Sentiment Signal: Sell
Current Market Cap: A$1.61B
For a thorough assessment of MFG stock, go to TipRanks’ Stock Analysis page.