McPherson’s Updates Market on Progress of On-Market Share Buy-Back

Mcpherson’S Limited ( (AU:MCP) ) has shared an update.

McPherson’s Limited has provided an updated notification to the ASX regarding its on-market share buy-back of ordinary fully paid shares. The company reports that, as of the latest daily update dated 9 April 2026, it has bought back a total of 2,066,130 shares prior to the previous trading day and acquired a further 250,000 shares on the previous day.

This daily disclosure maintains transparency around the progress of the buy-back that was initially announced on 25 February 2026 and last updated on 8 April 2026. The ongoing buy-back reduces the number of shares on issue, which can be supportive of earnings per share and may signal management’s confidence in the company’s value to existing shareholders and the broader market.

The most recent analyst rating on (AU:MCP) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Mcpherson’S Limited stock, see the AU:MCP Stock Forecast page.

More about Mcpherson’S Limited

McPherson’s Limited is an Australian-listed company trading under the ASX code MCP, with ordinary fully paid shares on issue. The business operates in the consumer products sector, though the specific product categories are not detailed in this notice, and its securities are subject to on-market trading and corporate actions such as share buy-backs.

Average Trading Volume: 309,158

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$25.19M

For a thorough assessment of MCP stock, go to TipRanks’ Stock Analysis page.