tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Macquarie Group Ceases to Be Substantial Holder in Sandfire Resources

Story Highlights
  • Macquarie Group and its subsidiaries have formally ceased being a substantial shareholder in Sandfire Resources.
  • The notice highlights changes in Macquarie’s voting interests and reflects its complex global corporate structure despite reduced influence in Sandfire.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Macquarie Group Ceases to Be Substantial Holder in Sandfire Resources

Claim 50% Off TipRanks Premium

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

Macquarie Group Limited and its controlled entities have notified Sandfire Resources Limited that they have ceased to be a substantial holder in the mining company, lodging a formal notice of cessation of substantial holding dated 28 January 2026 under Australian corporations law. The filing, executed by Assistant Company Secretary Olivia Shepherd, outlines changes in Macquarie’s relevant interests and associations in Sandfire’s voting securities, and lists a broad network of Macquarie-controlled entities across multiple jurisdictions, underscoring the scale and complexity of its corporate structure even as its direct substantial shareholding influence in Sandfire is reduced.

The most recent analyst rating on (AU:MQG) stock is a Buy with a A$235.00 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 diversified financial services group headquartered in Sydney, operating through businesses including Macquarie Bank and a range of investment management and financial services subsidiaries. Its activities span banking, asset management, advisory and investment across multiple jurisdictions, with a significant presence in infrastructure, energy and commodities, and specialized asset financing and investment vehicles worldwide.

Average Trading Volume: 716,027

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$76.91B

See more insights into MQG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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