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Macquarie Group Limited ( (AU:MQG) ) has issued an update.
Macquarie Group Limited has notified Regis Resources Limited that it has ceased to be a substantial holder in the gold producer, lodging a formal notice under Australian corporations law. The change reflects adjustments in Macquarie’s relevant voting interests and associated entities’ holdings, as recorded in its substantial holder disclosure.
The filing, signed by company secretary Simone Kovacic, also updates Regis on changes in associations among Macquarie Group’s controlled bodies corporate, which collectively held the interest. This move may signal a repositioning of Macquarie’s exposure to Regis Resources, with implications for the miner’s share register and the visibility of institutional support in its investor base.
The most recent analyst rating on (AU:MQG) stock is a Hold 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 financial services provider headquartered in Sydney, operating through entities such as Macquarie Bank Limited and Macquarie Investment Services Limited. The group is active across investment banking, asset management, and specialist financial services, with a wide network of controlled subsidiaries in infrastructure, energy, real assets, and other investment vehicles worldwide.
YTD Price Performance: 14.31%
Average Trading Volume: 887,153
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$84.9B
For detailed information about MQG stock, go to TipRanks’ Stock Analysis page.