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Magellan Financial Group Ltd ( (AU:MFG) ) has issued an announcement.
Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of October 16, 2025, the company has bought back a total of 14,796,065 ordinary fully paid securities, including 25,659 securities bought back on the previous day. This buy-back initiative reflects 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 Hold with a A$10.70 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 focusing on investment management. The company provides a range of investment products and services, catering to various market segments.
Average Trading Volume: 618,447
Technical Sentiment Signal: Buy
Current Market Cap: A$1.71B
See more data about MFG stock on TipRanks’ Stock Analysis page.