Magellan Financial Group to Resume Share Buyback Program, Shares Up 3%

MT Newswires Live
03-03

Magellan Financial Group (ASX:MFG) said it intends to resume purchases under its current on-market share buyback program, according to a Monday Australian bourse filing.

As disclosed in the company's last notification on Oct 7, 2024, there are a maximum of about 3 million shares remaining under the current share buy-back program, the filing added.

Company shares were up 3% in recent Monday trade.

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