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An announcement from Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) is now available.
Morphic Ethical Equities Fund Limited, an ASX-listed ethical equities investment company trading under ticker MEC, provides access to a diversified portfolio of responsibly screened listed securities. The company has issued an update on its ongoing on-market share buy-back program, reporting that a total of 534,698 ordinary fully paid shares had been repurchased prior to the latest trading day, with an additional 30,000 shares bought back on the previous day as part of its daily buy-back activity. This continued execution of the buy-back, first notified in April 2023 and most recently updated on 22 January 2026, signals ongoing capital management efforts that may support the company’s share price and enhance value for remaining shareholders by reducing the number of shares on issue.
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 is a listed investment company on the ASX that offers investors exposure to a portfolio of ethically-screened equities. Trading under the code MEC, it focuses on equity investments aligned with ethical and responsible investment principles.
Average Trading Volume: 16,373
Technical Sentiment Signal: Buy
Find detailed analytics on MEC stock on TipRanks’ Stock Analysis page.