tiprankstipranks
Trending News
More News >

MA Financial Group Announces Share Transfer in Pre-IPO Trust

Story Highlights

Protect Your Portfolio Against Market Uncertainty

MA Financial Group Limited ( (AU:MAF) ) has shared an update.

MA Financial Group Limited announced a transfer of shares by the trustee of a Pre-IPO Trust to its beneficiaries, fulfilling contractual obligations. The trustee, controlled by Vice Chairman Andrew Pridham, did not involve any personal disposal of shares, maintaining his economic interest unchanged. This move is part of routine adjustments in the trust’s shareholding structure, reflecting compliance with existing agreements and not affecting Pridham’s personal holdings.

The most recent analyst rating on (AU:MAF) stock is a Buy with a A$7.00 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.

More about MA Financial Group Limited

MA Financial Group Limited operates in the financial services industry, offering a range of financial products and services. The company is focused on investment banking, asset management, and lending solutions, catering to a diverse clientele in the financial market.

Average Trading Volume: 341,937

Technical Sentiment Signal: Buy

Current Market Cap: A$1.16B

See more data about MAF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App