Feb 18 (Reuters) - Magellan Financial Group Ltd (MFG) :
- HY TOTAL REVENUE AND OTHER INCOME UP BY 23% TO A$401 MLN
- HY ADJUSTED NET PROFIT UP BY 16% TO A$248.1 MLN
- HY NET PROFIT AFTER TAX UP BY 24% TO A$251.6 MLN
- INTENTION TO PROGRESS WITH A 1-FOR-8 BONUS ISSUE OF OPTIONS
- DECLARES INTERIM DIVIDEND OF 110.1 AU CENTS PER SHARE
- BONUS ISSUE AT EXERCISE PRICE OF A$35 PER OPTION
- CONSIDERING IMPLEMENTATION OF AN ON-MARKET SHARE BUY-BACK
- NO PLANS TO MAKE FURTHER INVESTMENTS VIA MAGELLAN CAPITAL PARTNERS
- INTENTION TO PROGRESS WITH ISSUE OF ABOUT 10 MILLION UNLISTED OPTIONS TO STAFF
- SUSPENDING DIVIDEND REINVESTMENT PLAN
- CONFIRMING DIVIDEND POLICY OF 90-95% PAYOUT OF PROFIT AFTER TAX OF FUNDS MANAGEMENT BUSINESS
- FINAL TERMS OF INTENDED OPTIONS ISSUANCES AND TIMETABLE WILL BE NOTIFIED TO MARKET AND LODGED WITH ASX ONCE APPROVED BY BOARD
- EXPECTED THAT PROSPECTUS FOR BONUS OPTIONS AND FURTHER DETAILS OF EMPLOYEE OPTIONS WILL BE RELEASED TO ASX IN MARCH 2022
News: MFG Magellan Financial Group HY Adjusted Net Profit Rises 16%
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Last
$10.52 |
Change
-0.365(3.35%) |
Mkt cap ! $1.820B | |||
| Open | High | Low | Value | Volume |
| $10.80 | $10.84 | $10.50 | $5.766M | 541.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 2173 | $10.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.52 | 3205 | 29 |
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| Last trade - 15.40pm 30/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |