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Morphic Ethical Equities Fund Updates on Buy-Back Progress

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Morphic Ethical Equities Fund Updates on Buy-Back Progress

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Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) has provided an announcement.

Morphic Ethical Equities Fund Limited announced a daily update on its ongoing buy-back program, reporting the repurchase of 45,482 ordinary fully paid securities on the previous day. This buy-back initiative, which started in April 2023, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Morphic Ethical Equities Fund Ltd.

Morphic Ethical Equities Fund Limited operates in the financial industry, focusing on ethical investments. The company primarily deals with equities and is listed on the Australian Securities Exchange (ASX) under the code MEC.

Average Trading Volume: 41,240

Technical Sentiment Signal: Buy

For a thorough assessment of MEC stock, go to TipRanks’ Stock Analysis page.

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