tiprankstipranks
Advertisement
Advertisement

Macquarie Technology Group Announces Departure of Director Peter James

Story Highlights
  • Macquarie Technology Group announced that director Peter James stepped down from the board effective 31 March 2026.
  • Though no longer a director, Peter James retains indirect interests in 23,950 Macquarie Technology Group shares via trustee entities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Macquarie Technology Group Announces Departure of Director Peter James

Claim 55% Off TipRanks

An announcement from Macquarie Telecom Group Limited ( (AU:MAQ) ) is now available.

Macquarie Technology Group has announced that director Peter James ceased to be a director of the company effective 31 March 2026. The company disclosed this change to the ASX in line with listing rule requirements, marking the formal end of James’s board tenure.

The notice confirms that James holds no securities as a registered holder but retains indirect interests in 23,950 fully paid ordinary shares through various trustee entities and superannuation and testamentary trusts. The update clarifies his ongoing financial exposure to the company despite his departure from the board, providing transparency for shareholders and regulators.

The most recent analyst rating on (AU:MAQ) stock is a Buy with a A$95.00 price target. To see the full list of analyst forecasts on Macquarie Telecom Group Limited stock, see the AU:MAQ Stock Forecast page.

More about Macquarie Telecom Group Limited

Macquarie Technology Group Limited is an Australian telecommunications and technology company focused on data, cloud, cybersecurity, and telecom services. It provides infrastructure and managed solutions to business and government customers, positioning itself within the enterprise and public sector ICT services market.

Average Trading Volume: 36,491

Technical Sentiment Signal: Sell

Current Market Cap: A$1.59B

Learn more about MAQ stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1