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