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An update from Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) is now available.
Morphic Ethical Equities Fund Limited has announced the cessation of 262,891 ordinary fully paid shares following their cancellation as part of an on-market share buy-back completed on 2 February 2026. The reduction in issued capital may enhance value for remaining shareholders by increasing earnings and net asset value per share, and signals the company’s ongoing use of capital management initiatives to optimise its capital structure.
The most recent analyst rating on (AU:MEC) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Morphic Ethical Equities Fund Ltd. stock, see the AU:MEC Stock Forecast page.
More about Morphic Ethical Equities Fund Ltd.
Morphic Ethical Equities Fund Limited (ASX: MEC) is an investment company focused on ethical equities, offering shareholders exposure to a portfolio of listed securities screened according to environmental, social and governance criteria.
Average Trading Volume: 16,353
Technical Sentiment Signal: Buy
See more data about MEC stock on TipRanks’ Stock Analysis page.