McPherson’s Continues On-Market Share Buy-Back With Daily ASX Update

Mcpherson’S Limited ( (AU:MCP) ) just unveiled an announcement.

McPherson’s Limited has been conducting an on-market share buy-back of its ordinary fully paid shares listed under the ASX code MCP as part of its ongoing capital management strategy. The company reported that, as of the latest daily update on 28 April 2026, it had repurchased a cumulative 3,511,130 shares before the previous trading day and bought back a further 120,000 shares on that day, signaling continued execution of its approved buy-back program and a potential reduction in its free float for existing shareholders.

The announcement, filed as an update to earlier notifications first lodged in February 2026, confirms that the buy-back remains active and is being reported on a daily basis to the market. This ongoing on-market repurchase activity may support the company’s share price, adjust its capital structure, and consolidate ownership among remaining investors, though the notice does not specify the total intended size or duration of the buy-back program.

More about Mcpherson’S Limited

McPherson’s Limited is an Australian-listed company that issues ordinary fully paid shares under the ASX code MCP. The company operates in the consumer products sector, although this specific notice focuses solely on its capital management activities via the equity market.

YTD Price Performance: -37.50%

Average Trading Volume: 328,408

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$21.59M

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