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Macquarie Group Reduces Stake in Empire Energy Group

Story Highlights
  • Macquarie Group’s voting power in Empire Energy decreased from 7.57% to 6.53%.
  • The change in stake may affect Macquarie’s influence and strategic decisions in Empire Energy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Macquarie Group Reduces Stake in Empire Energy Group

Confident Investing Starts Here:

The latest announcement is out from Macquarie Group Limited ( (AU:MQG) ).

Macquarie Group Limited has announced a change in the interests of a substantial holder in Empire Energy Group Limited. The voting power of Macquarie Group and its controlled entities has decreased from 7.57% to 6.53%. This change may impact the group’s influence within Empire Energy Group, potentially affecting strategic decisions and stakeholder interests.

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

Average Trading Volume: 905,755

Technical Sentiment Signal: Buy

Current Market Cap: A$74.56B

For an in-depth examination of MQG stock, go to TipRanks’ Stock Analysis page.

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