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An announcement from Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) is now available.
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. The update, dated 16 March 2026, confirms that a total of 772,488 shares had been repurchased before the previous trading day, with a further 8,723 shares bought back on the previous day.
The latest filing continues the buy-back that originally commenced in April 2023, signalling the company’s sustained capital management strategy and potential confidence in its valuation. Regular daily notifications indicate a transparent approach to informing shareholders about the scale and progress of the repurchase activity, which may influence liquidity and per-share metrics over time.
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 trading on the ASX under the code MEC. It provides investors with exposure to an actively managed portfolio of ethical equities, focusing on companies that meet predefined environmental, social and governance criteria.
Average Trading Volume: 16,869
Technical Sentiment Signal: Buy
For detailed information about MEC stock, go to TipRanks’ Stock Analysis page.