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Magellan Financial Group Ltd ( (AU:MFG) ) has shared an announcement.
Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of October 20, 2025, the company has repurchased a total of 14,836,065 ordinary fully paid securities, including 20,000 securities bought back on the previous day. This buy-back initiative is part of Magellan’s strategy to optimize its capital structure and enhance shareholder value.
The most recent analyst rating on (AU:MFG) stock is a Sell with a A$7.85 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 offers a range of financial products and services, including managed funds and investment strategies, catering to both retail and institutional investors.
YTD Price Performance: -1.06%
Average Trading Volume: 615,576
Technical Sentiment Signal: Buy
Current Market Cap: A$1.74B
Learn more about MFG stock on TipRanks’ Stock Analysis page.