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An update from Magellan Financial Group Ltd ( (AU:MFG) ) is now available.
Magellan Financial Group Ltd has announced an update on its ongoing on-market buy-back program, revealing that a total of 14,716,094 ordinary fully paid securities have been bought back as of October 13, 2025. 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, focusing on investment management and related financial products.
YTD Price Performance: 0.69%
Average Trading Volume: 612,971
Technical Sentiment Signal: Buy
Current Market Cap: A$1.77B
For an in-depth examination of MFG stock, go to TipRanks’ Overview page.