Magellan Financial Group Ltd (AU:MFG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Magellan Financial Group Limited has announced an update on its ongoing stock buy-back program, revealing the repurchase of 85,722 ordinary shares on the previous day. This activity is part of a broader initiative that has seen the company buy back a total of 6,663,313 shares to date. The move is aimed at reducing the number of outstanding shares and potentially increasing the value of remaining shares.
For further insights into AU:MFG stock, check out TipRanks’ Stock Analysis page.
