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Macquarie exits substantial holder status in Centuria Capital Group

Tipranks - Fri Jun 26, 1:40AM CDT

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Macquarie Group Limited ( (AU:MQG) ) has provided an update.

Macquarie Group Limited has lodged a notice of ceasing to be a substantial holder in Centuria Capital Group, indicating that its voting interest in the ASX-listed investment manager has fallen below the substantial holding threshold. The filing, signed by Assistant Company Secretary Olivia Shepherd, details changes in relevant interests and associations, and lists a wide range of controlled entities across Australia, Europe, Asia and the U.S., underscoring the breadth of Macquarie’s global corporate structure and its dynamic approach to managing equity positions in listed counterparties.

The change in Macquarie’s substantial holding status may signal a rebalancing of its exposure to Centuria or a broader portfolio adjustment within its asset management and investment banking operations. For Centuria shareholders and the market, the move removes Macquarie from the register of substantial shareholders, potentially affecting perceptions of institutional support and highlighting ongoing shifts in strategic relationships between major financial institutions and listed fund managers.

The most recent analyst rating on (AU:MQG) stock is a Hold
with a A$248.32 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 diversified global financial services group headquartered in Sydney, operating across investment banking, asset management and advisory services. Through various controlled entities, it manages and structures investments in infrastructure, energy, real assets and financial products for institutional and wholesale clients across multiple jurisdictions.

Average Trading Volume: 846,870

Technical Sentiment Signal: Buy

Current Market Cap: A$91.24B

For a thorough assessment of MQG stock, go to TipRanks’ Stock Analysis page.

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