Magellan Financial Group Buy-Back Cancellation
Company Announcements

Magellan Financial Group Buy-Back Cancellation

Magellan Financial Group Ltd (AU:MFG) has released an update.

Magellan Financial Group Limited has announced the cancellation of 9,960 of its ordinary fully paid shares as a result of an on-market buy-back. The cessation of these securities took effect on September 26, 2024. This strategic move aims to adjust the company’s capital structure and potentially enhance shareholder value.

For further insights into AU:MFG stock, check out TipRanks’ Stock Analysis page.

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