Magellan Financial Group Ltd ( (AU:MFG) ) has provided an announcement.
Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of April 24, 2025, the company has bought back a total of 11,437,749 ordinary fully paid securities, including 87,523 securities purchased on the previous day. This buy-back initiative is part of Magellan’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is a company operating in the financial services industry, primarily focusing on investment management. It offers a range of investment products and services, catering to both institutional and retail clients, with a strong emphasis on global equity and infrastructure strategies.
YTD Price Performance: -39.21%
Average Trading Volume: 422
Technical Sentiment Signal: Strong Buy
Current Market Cap: €698.3M
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