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Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) has issued an update.
Morphic Ethical Equities Fund Ltd. has announced an update on its ongoing share buy-back program, highlighting the purchase of 22,972 ordinary fully paid securities. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares in the market.
More about Morphic Ethical Equities Fund Ltd.
Morphic Ethical Equities Fund Ltd. operates in the financial sector, focusing on ethical investment strategies. The company is engaged in managing equity funds with an emphasis on ethical and sustainable investment practices, catering to investors looking to align their portfolios with ethical standards.
YTD Price Performance: 1.47%
Average Trading Volume: 34,789
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$37.23M
For an in-depth examination of MEC stock, go to TipRanks’ Stock Analysis page.
