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Magellan Financial Group Ltd ( (AU:MFG) ) has issued an announcement.
Magellan Financial Group Ltd has announced an update on its ongoing on-market buy-back program, with a total of 14,891,376 ordinary fully paid securities bought back as of October 24, 2025. This buy-back initiative is part of the company’s strategy to manage its capital structure and enhance shareholder value, reflecting its commitment to optimizing financial performance and market positioning.
The most recent analyst rating on (AU:MFG) stock is a Sell with a A$7.85 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 focused on investment management. It offers a range of investment products and services, catering to various market segments.
Average Trading Volume: 598,167
Technical Sentiment Signal: Buy
Current Market Cap: A$1.79B
Find detailed analytics on MFG stock on TipRanks’ Stock Analysis page.