An update from Magellan Financial Group Ltd ( (AU:MFG) ) is now available.
Magellan Financial Group Ltd announced the cessation of 100,000 ordinary fully paid securities due to an on-market buy-back, effective March 19, 2025. This move is part of the company’s capital management strategy, potentially impacting its share capital structure and signaling a focus on optimizing shareholder value.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is a company operating in the financial services industry, focusing on investment management services. It is listed on the Australian Securities Exchange (ASX) under the code MFG.
YTD Price Performance: -32.27%
Average Trading Volume: 921
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €790.4M
Find detailed analytics on MFG stock on TipRanks’ Stock Analysis page.