InvestSMART

Macquarie Group Limited (ASX:MQG)

ALERT: Price-sensitive ASX Announcement for MQG
Current share price for MQG : $248.970 -5.96 (-2.34%)+
Announcement
Release
23 Jul 2026 8:06AM
Price at Release
$254.930
Full Release
download
Summary
The Macquarie Group 2026 Annual General Meeting chaired by Glenn Stevens highlighted significant financial performance improvements, risk management, sustainability commitments, and leadership transitions. The group reported a 30% increase in profit for FY26, attributed to contributions across all operating sectors, achieving a return on shareholders’ funds of 14%. Macquarie continues to manage risk through effective regulatory engagement and remediation efforts. The group remains committed to sustainability, advocating for orderly energy transitions and maintaining over $A30 billion in green energy investments. Leadership changes include the announcement of Greg Ward as the new CEO, succeeding Shemara Wikramanayake, and board updates with the addition of William Vereker as director.
Key Points
  • Macquarie Group's FY26 profit increased by 30%, achieving $A4.8 billion.
  • Return on shareholders’ funds reached 14%, an improvement from previous years.
  • Common equity tier 1 capital ratio of 12.8% as per APRA standards.
  • Final dividend declared at $A4.20 per share, totaling $A7.00 for the year.
  • Continued focus on risk management and regulatory compliance improvements.
  • Macquarie is committed to the Paris Agreement and sustainable energy transitions.
  • Over $A30 billion managed in green energy and climate solutions.
  • Greg Ward announced as incoming CEO, replacing Shemara Wikramanayake.
  • William Vereker joined the board as a new independent director.
  • Jillian Broadbent to step down after eight years on the board.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.