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Magellan Financial Group Updates on Share Buy-Back Progress

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Magellan Financial Group Updates on Share Buy-Back Progress

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Magellan Financial Group Ltd ( (AU:MFG) ) has issued an update.

Magellan Financial Group Ltd has announced an update regarding its ongoing share buy-back program. As of November 7, 2025, the company has repurchased a total of 15,258,166 ordinary fully paid shares, including 40,000 shares bought back on the previous day. This buy-back initiative is part of Magellan’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in the company’s future prospects.

The most recent analyst rating on (AU:MFG) stock is a Sell with a A$8.65 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 offers a range of investment products and services, catering to both retail and institutional clients, with a focus on global equities and infrastructure strategies.

Average Trading Volume: 561,252

Technical Sentiment Signal: Hold

Current Market Cap: A$1.62B

Learn more about MFG stock on TipRanks’ Stock Analysis page.

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