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Magellan Financial Cancels Shares After Buy-Back
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Magellan Financial Cancels Shares After Buy-Back

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

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Magellan Financial Group Limited has announced the cancellation of 116,447 of its ordinary fully paid securities as part of an on-market buy-back, with the cessation taking effect on September 11, 2024. This move is part of the company’s capital management strategy and highlights its focus on shareholder value.

For further insights into AU:MFG stock, check out TipRanks’ Stock Analysis page.

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