Macquarie Group Ceases to Be Substantial Holder in Metal Powder Works
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An update from Macquarie Group Limited ( (AU:MQG) ) is now available.
Macquarie Group Limited has lodged a formal notice stating that it and its controlled entities have ceased to be substantial holders in Metal Powder Works Limited, listed on the ASX as MPW.AX. The filing, signed by Company Secretary Simone Kovacic and dated 11 March 2026, also confirms the relevant change in voting interests occurred on 6 February 2026.
The document lists Macquarie Group Limited and a large number of its controlled bodies corporate, underscoring the breadth of the group’s investment and holding structure. Ceasing to be a substantial holder in Metal Powder Works may signal a repositioning of Macquarie’s equity exposure in that company, with potential implications for Metal Powder Works’ shareholder base and market perception of its institutional support.
The most recent analyst rating on (AU:MQG) stock is a Hold with a A$210.00 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 is a global financial services group headquartered in Sydney, Australia, operating through Macquarie Bank Limited and a wide network of controlled entities. It provides banking, asset management, advisory, and investment services across sectors including infrastructure, commodities, energy, and specialized financing in multiple jurisdictions worldwide.
Average Trading Volume: 722,462
Technical Sentiment Signal: Buy
Current Market Cap: A$72.57B
Learn more about MQG stock on TipRanks’ Stock Analysis page.
