Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) has provided an announcement.
Morphic Ethical Equities Fund Ltd. has announced an update regarding its ongoing on-market buy-back program, which reflects the company’s strategic decision to repurchase its own shares. As of January 23, 2025, a total of 29,048 securities were bought back on the previous day, contributing to a cumulative total of 878,990 securities repurchased to date. This buy-back initiative may indicate the company’s confidence in its market value and could potentially impact shareholder value and market perception.
More about Morphic Ethical Equities Fund Ltd.
Morphic Ethical Equities Fund Ltd. operates in the ethical investment industry, focusing on providing ethically managed equity investment products. The company is listed on the Australian Securities Exchange under the code MEC, offering ordinary fully paid securities.
YTD Price Performance: 4.41%
Average Trading Volume: 30,136
Technical Sentiment Consensus Rating: Strong Sell
Find detailed analytics on MEC stock on TipRanks’ Stock Analysis page.
