Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Macquarie Group Limited ( (AU:MQG) ) has provided an update.
Macquarie Group Limited has announced an update to its ongoing on-market buy-back program, extending the period for buy-back of its ordinary fully paid securities until October 31, 2025. This move is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and reflecting confidence in its financial position.
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 operates in the financial services industry, offering a range of services including asset management, banking, advisory, and risk and capital solutions across debt, equity, and commodities markets. The company is known for its global reach and expertise in infrastructure and real assets, serving a diverse client base worldwide.
Average Trading Volume: 856,550
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$83.56B
For a thorough assessment of MQG stock, go to TipRanks’ Stock Analysis page.