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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.