Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Magellan Financial Group Ltd ( (AU:MFG) ) has shared an announcement.
Magellan Financial Group Limited has announced an update regarding its ongoing on-market buy-back program. As of October 7, 2025, the company has repurchased a total of 14,628,955 ordinary fully paid securities, including 40,000 bought back on the previous day. This buy-back initiative is part of Magellan’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:MFG) stock is a Hold with a A$10.70 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 in the financial services industry, focusing on investment management. The company provides a range of financial products and services, primarily targeting institutional and retail investors.
YTD Price Performance: -2.60%
Average Trading Volume: 627,441
Technical Sentiment Signal: Buy
Current Market Cap: A$1.71B
For detailed information about MFG stock, go to TipRanks’ Stock Analysis page.