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Macquarie Group Secures Exemption, Boosts Share Control
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Macquarie Group Secures Exemption, Boosts Share Control

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

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Macquarie Group Limited has received an exemption from section 259C of the Corporations Act, allowing it to manage certain share acquisitions within the group. As of December 2024, the group controls 6.68% of its voting shares, with a significant portion linked to employee share plans. This move is noteworthy for investors as it highlights Macquarie’s strategic approach to managing its shareholdings.

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

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