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The latest update is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd has announced the cessation of 40,000 ordinary fully paid securities due to an on-market buy-back, effective December 5, 2025. This move is part of the company’s capital management strategy, potentially impacting its share capital structure and signaling a focus on 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 company operating in the financial services industry, primarily focused 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 institutional investors and retail clients.
Average Trading Volume: 512,830
Technical Sentiment Signal: Hold
Current Market Cap: A$1.61B
See more insights into MFG stock on TipRanks’ Stock Analysis page.