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Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) has provided an update.
Morphic Ethical Equities Fund Limited has announced an update regarding their ongoing on-market buy-back program. As of February 3, 2025, the company has repurchased a total of 1,041,195 ordinary fully paid securities, with an additional 36,698 securities bought back on the previous day. This buy-back initiative is part of Morphic Ethical Equities Fund’s strategy to optimize capital management and potentially enhance shareholder value by reducing the number of shares outstanding.
More about Morphic Ethical Equities Fund Ltd.
Morphic Ethical Equities Fund Limited operates in the financial industry, focusing on ethical investment strategies. The company offers investment products that align with ethical and sustainable principles, catering to investors interested in socially responsible opportunities.
YTD Price Performance: 4.41%
Average Trading Volume: 31,111
Technical Sentiment Consensus Rating: Strong Sell
For a thorough assessment of MEC stock, go to TipRanks’ Stock Analysis page.
