Magellan Financial Group Ltd ( (AU:MFG) ) just unveiled an update.
Magellan Financial Group Ltd has announced an update regarding its ongoing share buy-back program, with a daily notification of the number of securities bought back. The company reported buying back 135,589 ordinary fully paid securities on the previous day, adding to a total of 10,971,233 securities repurchased before that day. This buy-back initiative is part of Magellan’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, primarily focusing on investment management. It offers a range of financial products and services aimed at providing investment solutions to its clients.
YTD Price Performance: -37.95%
Average Trading Volume: 478
Technical Sentiment Signal: Strong Buy
Current Market Cap: €707.3M
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