Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.