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Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) has shared an announcement.
Morphic Ethical Equities Fund Limited, an ASX-listed ethical equities investment company, continues to operate under the ticker MEC with ordinary fully paid shares. The fund targets investors seeking exposure to ethically screened equity investments aligned with specific sustainability and governance standards.
The company has provided an updated notification of its on-market share buy-back, reporting that a total of 742,352 MEC shares had been repurchased before the previous day and a further 10,193 shares were bought back on the prior trading day. This ongoing buy-back program, first notified in April 2023 and now updated as of 26 February 2026, signals continued capital management efforts that may support the company’s share price and enhance value for remaining shareholders.
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 focused on ethical equities, trading on the ASX under the code MEC. The fund invests in a portfolio of ethically screened shares, offering investors exposure to equities that meet defined environmental, social, and governance criteria.
Average Trading Volume: 19,136
Technical Sentiment Signal: Strong Buy
For an in-depth examination of MEC stock, go to TipRanks’ Overview page.