Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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 14, 2025, the company has bought back a total of 14,716,094 ordinary fully paid securities, including 34,312 securities purchased 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 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 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.
YTD Price Performance: 0.69%
Average Trading Volume: 612,971
Technical Sentiment Signal: Buy
Current Market Cap: A$1.77B
Learn more about MFG stock on TipRanks’ Stock Analysis page.