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Macquarie Ends On-Market Share Buyback After Deploying AUD 1 Billion

Story Highlights
  • Macquarie Group has concluded its on-market share buyback after repurchasing over 5.3 million ordinary shares for about AUD 1.01 billion.
  • The board’s decision to end the extended buyback, with no further purchases expected, signals a pause in capital returns and a potential shift in capital allocation priorities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Macquarie Ends On-Market Share Buyback After Deploying AUD 1 Billion

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Macquarie Group Limited ( (AU:MQG) ) has issued an update.

Macquarie Group Limited has concluded its on-market share buyback program involving its ordinary fully paid shares, after purchasing a total of 5,338,339 shares for approximately AUD 1.01 billion. The board resolved to end the extended buyback, noting that no shares had been purchased since the board-approved extension announced in November 2025 and that there is currently no expectation of further share purchases under this program.

The decision to close the buyback signals a pause in capital returns via on-market share repurchases, which may indicate a shift in capital allocation priorities or changing market conditions. Investors and other stakeholders will interpret the end of the program in the context of Macquarie’s broader balance sheet management, funding needs and strategic investment opportunities, given the significant capital previously deployed through the buyback.

The most recent analyst rating on (AU:MQG) stock is a Buy with a A$247.40 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.

More about Macquarie Group Limited

Macquarie Group Limited is a diversified financial services company listed on the ASX, operating as a global investment bank and asset manager. It provides banking, advisory, asset management and capital markets services to institutional, corporate and retail clients across multiple regions and sectors.

Average Trading Volume: 867,288

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$87.93B

Find detailed analytics on MQG stock on TipRanks’ Stock Analysis page.

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