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The latest announcement is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of April 28, 2025, the company has repurchased a total of 11,437,749 securities, with 73,961 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.
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 is known for managing global equity and infrastructure strategies for retail and institutional investors.
YTD Price Performance: -33.85%
Average Trading Volume: 551
Technical Sentiment Signal: Strong Buy
Current Market Cap: €745.5M
Find detailed analytics on MFG stock on TipRanks’ Stock Analysis page.
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