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Macquarie Group Says Share Buying for Employee Retained Equity Plan Complete

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Macquarie Group (ASX:MQG) said the trustee for its employee retained equity plan completed its purchase of shares required for the company's 2026 profit share and promotion awards, according to a Friday filing with the Australian bourse.

The trustee acquired about AU$734 million worth of shares at a weighted average price of AU$238.80 each, including AU$680.7 million in off market purchases and AU$53.3 million on market, per the filing.

At the company's 2026 annual general meeting, shareholders will vote on a proposed allocation of restricted share units to the managing director and CEO under the employee retained equity plan. The acquisition price for the proposed allocation of 55,402 restricted share units will be AU$238.80, the company said.

The company's shares were down nearly 1% in recent Friday trade.

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