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An announcement from Magellan Financial Group Ltd ( (AU:MFG) ) is now available.
Magellan Financial Group Ltd has announced an update on their ongoing share buy-back program, with a total of 20,158 ordinary fully paid securities bought back on the previous day, bringing the total to 14,075,160. This buy-back initiative reflects 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 Buy with a A$11.50 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 investment management and related financial products.
Average Trading Volume: 683,526
Technical Sentiment Signal: Buy
Current Market Cap: A$1.74B
For an in-depth examination of MFG stock, go to TipRanks’ Overview page.