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Magellan Updates Market on Progress of On-Market Share Buy-Back

Story Highlights
  • Magellan Financial Group continues its on-market buy-back of ordinary shares.
  • The company has repurchased over 17.6 million shares in total, with 160,000 bought back on the prior day.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Magellan Updates Market on Progress of On-Market Share Buy-Back

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Magellan Financial Group Ltd ( (AU:MFG) ) has issued an update.

Magellan Financial Group Ltd has provided an updated daily notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 30 December 2025, the company reported that it had repurchased a total of 17,664,515 shares before the previous day and bought back a further 160,000 shares on the previous trading day, indicating continued execution of a capital management strategy that may support earnings per share and signal confidence in the company’s valuation to shareholders.

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 an ASX-listed investment management company that offers global equity and infrastructure funds to retail and institutional investors. Its core business focuses on managing listed and unlisted investment vehicles, primarily targeting Australian and international markets through actively managed strategies.

YTD Price Performance: -2.70%

Average Trading Volume: 471,249

Technical Sentiment Signal: Buy

Current Market Cap: A$1.68B

For an in-depth examination of MFG stock, go to TipRanks’ Overview page.

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