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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.

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Viburnum Funds Pty Ltd, a substantial holder in Macquarie Telecom Group Limited, has reduced its stake from 7.33% to 5.54% by selling 443,892 shares for a total of $38,315,695 between April 24 and May 16, 2024. This marks a notable change in the company’s ownership structure, with Viburnum exercising control over the shares as investment managers for various funds.

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

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