Macquarie Group Limited ( (AU:MQG) ) has provided an update.
Macquarie Group Limited has received an exemption from section 259C of the Corporations Act 2001, allowing certain acquisitions of its shares by its controlled entities. As of March 7, 2025, Macquarie and its entities control 6.62% of its voting shares, primarily through employee share plans. This exemption facilitates Macquarie’s ability to manage its employee incentive schemes and maintain its shareholding structure, potentially impacting its operational flexibility and stakeholder interests.
More about Macquarie Group Limited
Macquarie Group Limited is a global financial services company headquartered in Sydney, Australia. It operates in various sectors, including banking, financial, advisory, investment, and funds management services, with a significant presence in Australia and worldwide.
YTD Price Performance: 4.28%
Average Trading Volume: 296
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $48.04B
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