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Macquarie Group Announces Director’s Interest Changes

Story Highlights
  • Macquarie Group is a global financial services firm offering asset management and banking.
  • Director Shemara Wikramanayake’s interest changes include acquiring RSUs and PSUs, aligning remuneration with performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Macquarie Group Announces Director’s Interest Changes

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

Macquarie Group Limited announced changes in the director’s interest, specifically for Shemara Wikramanayake. The changes include the acquisition of Restricted Share Units (RSUs) and Performance Share Units (PSUs) following shareholder approval, and the conversion of vested PSUs into MQG shares. These changes reflect the company’s ongoing commitment to aligning executive remuneration with performance, potentially impacting shareholder value and executive incentives.

The most recent analyst rating on (AU:MQG) stock is a Hold with a A$191.00 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 global financial services group operating in various sectors including asset management, banking, and financial advisory services. The company is known for its focus on providing tailored financial solutions and investment opportunities across diverse markets.

Average Trading Volume: 767,881

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$78.14B

Learn more about MQG stock on TipRanks’ Stock Analysis page.

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