Magellan Financial Group Updates on Buy-Back Program

Magellan Financial Group Ltd ( (AU:MFG) ) just unveiled an update.

Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of June 11, 2025, the company has bought back a total of 13,112,251 ordinary fully paid securities, with 45,735 securities purchased on the previous day. This buy-back initiative is part of Magellan’s strategy to manage its capital structure and 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 investment management. It is known for managing global equity funds and providing investment solutions to a range of clients, including institutional and retail investors.

Average Trading Volume: 811,313

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$1.43B

Learn more about MFG stock on TipRanks’ Stock Analysis page.