tiprankstipranks
Company Announcements

Macquarie Group Ceases Substantial Holding in Zip Co Limited

Story Highlights
Macquarie Group Ceases Substantial Holding in Zip Co Limited

An announcement from Macquarie Group Limited ( (AU:MQG) ) is now available.

Macquarie Group Limited has announced that it has ceased to be a substantial holder in Zip Co Limited. This change in substantial holding may impact Macquarie’s influence in Zip Co Limited’s decision-making processes and could have implications for stakeholders interested in the company’s governance and strategic direction.

More about Macquarie Group Limited

Macquarie Group Limited is a global financial services group providing a diverse range of services including asset management, banking, advisory, and risk management solutions. The company operates across various sectors and markets, focusing on delivering innovative financial solutions to its clients worldwide.

YTD Price Performance: 3.20%

Average Trading Volume: 317

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $51.57B

For a thorough assessment of MQG stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1