Magellan Financial Group Ltd ( (AU:MFG) ) just unveiled an announcement.
Magellan Financial Group Ltd has announced an update on its ongoing on-market buy-back program. As of May 1, 2025, the company has repurchased a total of 11,717,840 securities, with an additional 123,790 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.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is a company operating in the financial services industry, focusing on asset management. It provides investment solutions to retail and institutional investors, primarily through managed funds and investment strategies.
YTD Price Performance: -33.86%
Average Trading Volume: 551
Technical Sentiment Signal: Strong Buy
Current Market Cap: €746.6M
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