The latest announcement is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd has announced an update regarding its ongoing share buy-back program. As of April 1, 2025, the company has repurchased a total of 9,701,205 ordinary fully paid securities, including 100,000 bought back the previous day. This buy-back initiative is part of Magellan’s strategy to optimize 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: -29.12%
Average Trading Volume: 621
Technical Sentiment Signal: Strong Buy
Current Market Cap: €803.7M
See more data about MFG stock on TipRanks’ Stock Analysis page.