Magellan Financial Group Ltd (AU:MFG) has released an update.
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Magellan Financial Group Ltd has announced the cancellation of 120,540 ordinary fully paid securities following an on-market buy-back. The cessation of these securities took effect on September 12, 2024, as part of the company’s capital management strategy. This move may have implications for investors and the market’s evaluation of Magellan’s financial health and shareholder value.
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