Macquarie Group Limited (AU:MQG) has released an update.
Macquarie Group’s first quarter of the 2025 financial year showed a steady performance with contributions in line with the previous year’s quarter, backed by growth in volumes and lower operating expenses in some sectors, despite a decrease in net profit contributions from market-facing businesses. The company’s financial position remains robust, exceeding regulatory requirements with a Group capital surplus of $A8.2 billion, while also actively managing its capital through share buybacks and participation in the Employee Retained Equity Plan. Additionally, Macquarie announced the relocation of its registered and principal office in Sydney, effective August 2024.
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