Magellan Financial Group Ltd (AU:MFG) has released an update.
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Magellan Financial Group Limited has disclosed an update on its stock buy-back program, revealing the purchase of 161,798 ordinary fully paid shares on the prior trading day. This brings the total number of shares bought back to date to 5,437,047. The company’s ongoing buy-back initiative is part of its strategy to manage capital effectively and deliver value to its shareholders.
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