Macquarie Group Corrects Substantial Holder Notice Error

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

Macquarie Group Limited announced a correction to a previously lodged substantial holder notice due to a technical error. The error involved the disclosure of relevant interests in shares managed by Macquarie Asset Management Public Investments (NZ) Limited, which ceased to manage certain funds after the sale of Macquarie’s New Zealand retail funds business. The correction clarifies that Macquarie Investment Management Global Limited should have been listed as holding the relevant interest in the shares. This update does not affect the aggregate voting power previously stated, ensuring transparency and accuracy in Macquarie’s disclosures.

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 company headquartered in Australia. It operates in various sectors including asset management, banking, advisory, and risk and capital solutions across debt, equity, and commodities. The company has a significant presence in the financial industry, focusing on providing tailored financial solutions to clients worldwide.

Average Trading Volume: 918,161

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$77.68B

See more data about MQG stock on TipRanks’ Stock Analysis page.