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

Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) just unveiled an update.

Morphic Ethical Equities Fund Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares under the code MEC. The latest update, dated 18 March 2026, confirms the fund has repurchased a cumulative 781,211 shares prior to the previous trading day and a further 28,959 shares on the previous day, signaling continued capital management activity that may support the share price and adjust the fund’s capital structure in favour of remaining shareholders.

The disclosure, which follows the original buy-back notification lodged in April 2023 and a prior update on 16 March 2026, reinforces the fund’s commitment to regularly informing the market of daily buy-back activity. This ongoing execution of the buy-back can be interpreted as management’s confidence in the underlying value of the fund’s securities and has potential implications for earnings per share and liquidity for investors who remain on the register.

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 Australian listed investment company trading under the ASX code MEC. The fund provides investors with exposure to a portfolio of ethical equities, focusing on companies that meet defined sustainability and ethical criteria while seeking competitive returns in public markets.

Average Trading Volume: 16,683

Technical Sentiment Signal: Buy

For an in-depth examination of MEC stock, go to TipRanks’ Overview page.