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Magellan Financial Group Updates on Buy-Back Program

Story Highlights
  • Magellan Financial Group focuses on asset management in the financial services industry.
  • The company continues its on-market buy-back program to manage capital and enhance value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Magellan Financial Group Updates on Buy-Back Program

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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 June 25, 2025, the company reported a total of 13,888,092 securities bought back prior to the previous day, with an additional 73,931 securities 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 operates in the financial services industry, primarily focusing on asset management. The company offers a range of investment products and services, catering to both retail and institutional investors, with a strong emphasis on global equity and infrastructure strategies.

Average Trading Volume: 791,202

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$1.44B

See more insights into MFG stock on TipRanks’ Stock Analysis page.

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