Magellan Financial Group Ceases Substantial Holding in Tabcorp

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Magellan Financial Group Ceases Substantial Holding in Tabcorp

The latest update is out from Magellan Financial Group Ltd ( (AU:MFG) ).

Magellan Financial Group Ltd has announced that it has ceased to be a substantial holder in Tabcorp Holdings Limited as of March 14, 2025. This change in holding status may impact Magellan’s investment strategy and portfolio management, as well as influence its market positioning within the financial services industry.

More about Magellan Financial Group Ltd

Magellan Financial Group Ltd is a financial services company that operates primarily in the investment management industry. It focuses on providing investment solutions and managing assets for a diverse range of clients, including institutional investors and individual clients.

YTD Price Performance: -30.71%

Average Trading Volume: 921

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €794.4M

Find detailed analytics on MFG stock on TipRanks’ Stock Analysis page.

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