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Magellan Financial Group Ltd ( (AU:MFG) ) has provided an update.
Magellan Financial Group Limited announced a correction to a previous buy-back notification, clarifying the dates of share buy-backs. The correction pertains to the notification and execution dates of the buy-back, which were initially misstated. This update ensures accurate record-keeping and transparency for stakeholders, reflecting the company’s commitment to precise communication in its financial operations.
The most recent analyst rating on (AU:MFG) stock is a Sell with a A$8.20 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
More about Magellan Financial Group Ltd
Magellan Financial Group Limited operates within the financial services industry, focusing on investment management and related financial products. The company is known for managing global equity and infrastructure strategies, catering to retail and institutional investors.
Average Trading Volume: 919,308
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.46B
See more insights into MFG stock on TipRanks’ Stock Analysis page.