Magellan Financial Group Ltd ( (AU:MFG) ) has shared an update.
Dimensional Entities, a substantial holder in Magellan Financial Group Ltd, has increased its voting power from 5.001% to 6.040% as of March 13, 2025. This change in voting power signifies a strategic move by Dimensional Entities, potentially impacting Magellan’s governance and decision-making processes, and indicating a vote of confidence in the company’s future prospects.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd operates in the financial services industry, focusing on investment management. The company provides a range of financial products and services, primarily targeting institutional and retail investors.
YTD Price Performance: -32.27%
Average Trading Volume: 921
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €787.2M
For detailed information about MFG stock, go to TipRanks’ Stock Analysis page.