Morphic Ethical Equities Fund Ltd. (AU:MEC) has released an update.
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Morphic Ethical Equities Fund Ltd. has updated their ongoing buy-back program, announcing a recent purchase of 11,094 shares, bringing the total to 562,592. This move signals the company’s commitment to enhancing shareholder value by reducing the number of shares available in the market. Investors may find this buy-back activity indicative of the company’s confidence in its future performance.
For further insights into AU:MEC stock, check out TipRanks’ Stock Analysis page.