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The latest announcement 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 June 6, 2025, the company has repurchased a total of 13,003,167 ordinary fully paid securities, with 52,058 bought back on the previous day. This buy-back initiative reflects 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 and offering a range of financial products and services to its clients.
Average Trading Volume: 824,400
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.43B
For detailed information about MFG stock, go to TipRanks’ Stock Analysis page.
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