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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 September 30, 2025, the company has repurchased a total of 14,440,829 ordinary fully paid securities, with 40,000 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$8.65 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 providing investment management services. The company is listed on the Australian Securities Exchange (ASX) under the code MFG and is known for managing a range of investment funds.
YTD Price Performance: -8.03%
Average Trading Volume: 667,875
Technical Sentiment Signal: Buy
Current Market Cap: A$1.62B
See more data about MFG stock on TipRanks’ Stock Analysis page.