State Street Acquires 5.1% Stake in Magellan Financial
Company Announcements

State Street Acquires 5.1% Stake in Magellan Financial

Magellan Financial Group Ltd (AU:MFG) has released an update.

State Street Corporation has emerged as a substantial shareholder in Magellan Financial Group Ltd, with a 5.10% stake consisting of 9,221,137 ordinary shares. This position was established on July 24, 2024, signaling a significant investment by State Street and its subsidiaries into the financial services company.

For further insights into AU:MFG stock, check out TipRanks’ Stock Analysis page.

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