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Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) has provided an update.
Morphic Ethical Equities Fund Limited has issued an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 4 February 2026, the fund reported that it had repurchased a cumulative 565,746 shares prior to the previous trading day and a further 20,287 shares on the previous day, reflecting the continued execution of a buy-back that was initially announced in April 2023. This ongoing buy-back activity signals active capital management by the fund, which may support the trading price of its shares, improve capital efficiency and potentially enhance value for existing shareholders 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 on the ASX (code MEC) that provides investors with exposure to a portfolio of ethically screened equities. The fund focuses on applying ethical and responsible investment criteria while offering access to diversified equity market returns through a listed company structure.
Average Trading Volume: 16,373
Technical Sentiment Signal: Buy
For an in-depth examination of MEC stock, go to TipRanks’ Overview page.