Morphic Ethical Equities Fund Ltd. (AU:MEC) has released an update.
Morphic Ethical Equities Fund Ltd. has announced an update on its ongoing share buy-back program, with a total of 99,826 ordinary fully paid shares purchased in the latest daily transaction. Investors in the financial markets might find this move indicative of the company’s strategy to enhance shareholder value by reducing the number of outstanding shares.
For further insights into AU:MEC stock, check out TipRanks’ Stock Analysis page.