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Magellan Financial Group Ltd ( (AU:MFG) ) has provided an update.
Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of October 30, 2025, the company has repurchased a total of 14,978,166 ordinary fully paid securities, with an additional 40,000 securities bought back on the previous day. This buy-back initiative is part of Magellan’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:MFG) stock is a Buy with a A$11.00 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, primarily focusing on investment management. The company is known for managing global equity and infrastructure strategies for retail and institutional investors.
Average Trading Volume: 571,465
Technical Sentiment Signal: Buy
Current Market Cap: A$1.71B
For an in-depth examination of MFG stock, go to TipRanks’ Overview page.