Morphic Ethical Equities Fund Continues On-Market Share Buy-Back Program

Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) has issued an update.

Morphic Ethical Equities Fund Limited has updated the market on its ongoing on-market share buy-back, reporting that it has repurchased a total of 301,807 ordinary fully paid shares prior to the previous trading day and a further 27,772 shares on the previous day. The daily notification, part of a buy-back program first disclosed in April 2023 and most recently updated in December 2025, signals the fund’s continued capital management efforts, which can support the share price, enhance net asset value per share, and potentially benefit existing 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 an ASX-listed investment company that manages an ethical equities fund, investing in listed shares while applying ethical and sustainability screens. Its primary focus is offering investors exposure to ethically screened equity portfolios via its ordinary fully paid shares traded under the code MEC.

Average Trading Volume: 20,906

Technical Sentiment Signal: Buy

For detailed information about MEC stock, go to TipRanks’ Stock Analysis page.