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Magellan Financial Group Ltd ( (AU:MFG) ) has issued an announcement.
Magellan Financial Group Ltd has announced an update regarding its ongoing share buy-back program. As of October 22, 2025, the company reported buying back 13,670 ordinary fully paid shares on the previous day, adding to a total of 14,856,065 shares repurchased since the start of the program. This buy-back initiative is part of Magellan’s strategy to enhance shareholder value and optimize its capital structure, reflecting confidence in its financial health and future prospects.
The most recent analyst rating on (AU:MFG) stock is a Sell with a A$7.85 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 prominent player in the financial services industry, primarily focusing on investment management. The company offers a range of financial products and services, catering to both institutional and retail clients, with a strong emphasis on global equities and infrastructure investments.
Average Trading Volume: 616,236
Technical Sentiment Signal: Buy
Current Market Cap: A$1.76B
For a thorough assessment of MFG stock, go to TipRanks’ Stock Analysis page.