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Magellan Financial Group Updates on Buy-Back Program

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Magellan Financial Group Updates on Buy-Back Program

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An announcement from Magellan Financial Group Ltd ( (AU:MFG) ) is now available.

Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of June 26, 2025, the company reported buying back a total of 13,962,023 ordinary fully paid securities, with an additional 67,642 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 financial services company primarily engaged in investment management. The company focuses on providing investment solutions to retail and institutional investors, offering a range of global equity, infrastructure, and sustainable investment products.

Average Trading Volume: 796,114

Technical Sentiment Signal: Sell

Current Market Cap: A$1.38B

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

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