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The latest announcement is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of October 2, 2025, the company has repurchased a total of 14,520,829 ordinary fully paid securities, including 40,000 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:MFG) stock is a Sell with a A$8.65 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 Ltd is a company operating in the financial services industry, focusing on investment management. It provides a range of financial products and services, primarily targeting investors seeking asset management solutions.
Average Trading Volume: 659,286
Technical Sentiment Signal: Buy
Current Market Cap: A$1.63B
For an in-depth examination of MFG stock, go to TipRanks’ Overview page.