Magellan Financial Group Ltd ( (AU:MFG) ) just unveiled an announcement.
Magellan Financial Group Ltd has announced the cessation of 100,000 ordinary fully paid securities due to an on-market buy-back, effective March 18, 2025. This move is part of the company’s ongoing capital management strategy, potentially impacting its share capital structure and reflecting its commitment to returning value to shareholders.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd operates in the financial services industry, primarily focusing on investment management. The company offers a range of investment products and services, catering to both retail and institutional clients, with a strong emphasis on global equity strategies.
YTD Price Performance: -32.27%
Average Trading Volume: 921
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €787.2M
Learn more about MFG stock on TipRanks’ Stock Analysis page.