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The latest update is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of November 21, 2025, the company reported the buy-back of 40,001 ordinary fully paid securities on the previous day, adding to the total of 15,618,166 securities bought back since the initial notification in March 2022. 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 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 in the financial industry, primarily involved in investment management services. It focuses on providing asset management solutions and is listed on the Australian Securities Exchange under the code MFG.
Average Trading Volume: 535,091
Technical Sentiment Signal: Hold
Current Market Cap: A$1.57B
See more data about MFG stock on TipRanks’ Stock Analysis page.