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An announcement from Magellan Financial Group Ltd ( (AU:MFG) ) is now available.
Magellan Financial Group Ltd has announced an update regarding its ongoing share buy-back program. As of November 24, 2025, the company has bought back a total of 15,698,167 ordinary fully paid shares, including 40,000 shares purchased on the previous day. This buy-back initiative is part of Magellan’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 operating in the financial services industry, focusing on providing investment management services. The company is known for managing global equity and infrastructure strategies for retail and institutional investors.
YTD Price Performance: -10.45%
Average Trading Volume: 520,206
Technical Sentiment Signal: Hold
Current Market Cap: A$1.57B
For detailed information about MFG stock, go to TipRanks’ Stock Analysis page.