Viburnum Funds Reduces Stake in Macquarie Telecom
Company Announcements

Viburnum Funds Reduces Stake in Macquarie Telecom

Macquarie Telecom Group Limited (AU:MAQ) has released an update.

Viburnum Funds Pty Ltd, a substantial holder in Macquarie Telecom Group Limited, has reduced its stake from 8.58% to 7.33% by selling shares on the market between September and December 2023, and again from March to April 2024. The sales amounted to a total consideration of over $18 million. Following these transactions, Viburnum now holds 1,819,039 voting shares in the company.

For further insights into AU:MAQ stock, check out TipRanks’ Stock Analysis page.

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