Magellan Financial Group Continues Strategic Share Buy-Back

Magellan Financial Group Ltd ( (AU:MFG) ) has provided an announcement.

Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of June 10, 2025, the company has repurchased a total of 13,066,516 ordinary fully paid securities, with 63,349 shares bought back on the previous day. This buy-back initiative is part of Magellan’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:MFG) stock is a Sell with a A$8.20 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 its expertise in managing global equity and infrastructure strategies, catering to a diverse range of clients including institutional investors and retail clients.

Average Trading Volume: 811,607

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$1.43B

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