The latest announcement is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd has announced an update regarding its ongoing share buy-back program. As of May 9, 2025, the company has bought back a total of 12,168,817 ordinary fully paid securities, with 38,940 acquired on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is a company operating in the financial services industry, primarily focusing on investment management. It is known for managing global equity and infrastructure strategies for retail and institutional investors.
Average Trading Volume: 971,940
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.37B
For detailed information about MFG stock, go to TipRanks’ Stock Analysis page.