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Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) has provided an update.
Morphic Ethical Equities Fund Limited has provided an update on its ongoing on-market share buy-back program for its ordinary fully paid shares listed under the ASX code MEC. The latest notification, dated 20 February 2026, reports that a total of 666,529 shares had been repurchased prior to the previous day, with an additional 15,900 shares bought back on the previous trading day.
The daily disclosure indicates Morphic continues to actively reduce its share count via the buy-back first announced in April 2023, with regular updates reflecting ongoing execution. This capital management activity may support earnings per share and net asset value per share for remaining investors, and signals continued board confidence in the fund’s valuation and long-term strategy.
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 ASX-listed investment company focused on ethical equities, trading under the ticker MEC. It offers investors exposure to a portfolio of ethically screened listed shares, aligning capital allocation with environmental, social, and governance considerations in public equity markets.
Average Trading Volume: 18,219
Technical Sentiment Signal: Buy
Find detailed analytics on MEC stock on TipRanks’ Stock Analysis page.