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The latest update is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of May 28, 2025, the company has repurchased a total of 12,595,989 ordinary fully paid securities, including 43,277 securities bought back on the previous day. This buy-back initiative is part of the company’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 focusing on investment management. It is known for managing global equity and infrastructure strategies for retail and institutional investors.
Average Trading Volume: 880,214
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.44B
See more data about MFG stock on TipRanks’ Stock Analysis page.
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