Notification of buy-back - MGR
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| Stock | Mirvac Group (MGR.ASX) |
|---|---|
| Release Time | 19 Aug 2026, 7:41 a.m. |
| Price Sensitive | Yes |
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Mirvac Group Announces On-Market Buy-Back
Key Points
- Mirvac Group initiating on-market buy-back
- Up to A$200 million of MGR stapled securities targeted
- Buy-back period from 3/9/2026 to 2/9/2027
- Morgan Stanley Australia to conduct buy-back
Full Summary
Mirvac Group has announced an on-market buy-back of up to A$200 million of its stapled securities, scheduled to commence on 3 September 2026 and conclude on 2 September 2027. The buy-back will be conducted through Morgan Stanley Australia Securities Limited. The securities will be bought back in Australian dollars, and the buy-back does not require security holder approval. Mirvac Funds Limited, the responsible entity of Mirvac Property Trust, does not hold any interests in MGR securities, while MFL associates hold 6,296,122 MGR securities and 14,357,567 unvested Performance Rights. The securities bought back will be funded using a combination of cash and existing debt facilities.
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