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Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) has issued an announcement.
Morphic Ethical Equities Fund Limited announced an update on their ongoing buy-back program. As of January 13, 2025, the company has repurchased a total of 652,205 ordinary fully paid securities, with an additional 85,630 securities bought back on the previous day. This buy-back strategy could potentially enhance shareholder value by reducing the number of shares outstanding, thereby increasing earnings per share and improving market perception of the company’s commitment to stakeholder interests.
More about Morphic Ethical Equities Fund Ltd.
Morphic Ethical Equities Fund Limited operates in the ethical investing industry, focusing on managing investment funds that emphasize ethical and sustainable investment practices.
YTD Price Performance: 1.96%
Average Trading Volume: 32,683
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$37.41M
For a thorough assessment of MEC stock, go to TipRanks’ Stock Analysis page.
