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Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) has issued an announcement.
Morphic Ethical Equities Fund Ltd. announced a daily update on its ongoing buy-back program, revealing that 30,000 ordinary fully paid securities were bought back on the previous day, adding to a total of 3,547,418 securities bought back to date. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and demonstrating confidence in its financial health.
More about Morphic Ethical Equities Fund Ltd.
Morphic Ethical Equities Fund Ltd. operates in the financial industry, focusing on ethical investments through equities. The company is known for its commitment to sustainable and responsible investing practices.
Average Trading Volume: 42,297
Technical Sentiment Signal: Buy
Learn more about MEC stock on TipRanks’ Stock Analysis page.