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An update from Magellan Financial Group Ltd ( (AU:MFG) ) is now available.
Magellan Financial Group Ltd announced the cessation of 40,001 ordinary fully paid securities due to an on-market buy-back, effective November 24, 2025. This move is part of the company’s capital management strategy, potentially impacting its stock liquidity and market perception, while reflecting its commitment to optimizing shareholder value.
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 prominent player in the financial services industry, primarily focusing on investment management. The company is known for its expertise in managing global equity and infrastructure strategies, catering to a diverse range of institutional and retail investors.
Average Trading Volume: 535,091
Technical Sentiment Signal: Hold
Current Market Cap: A$1.57B
For an in-depth examination of MFG stock, go to TipRanks’ Overview page.