Macquarie Group 2026 Chair Address
| Stock | Macquarie Group Ltd (MQG.ASX) |
|---|---|
| Release Time | 23 Jul 2026, 8:06 a.m. |
| Price Sensitive | Yes |
Macquarie Group Chair Addresses 2026 AGM
- Macquarie Group reported a 30% increase in profit for FY26, reaching $A4.8 billion.
- The company's return on shareholders' funds was 14%, up from 11% in the previous two years.
- Greg Ward will succeed Shemara Wheastone as CEO later this year.
Macquarie Group's Chair, Glenn Stevens, addressed the 2026 Annual General Meeting, highlighting the company's strong financial performance for FY26. The Group reported a 30% increase in profit to $A4.8 billion, with a return on shareholders' funds of 14%, up from 11% in the previous two years. The company ended the year in a strong financial position with surplus capital. The Board declared a final dividend of $A4.20 per share, totaling $A7.00 per share for the year. Greg Ward will succeed Shemara Wheastone as CEO later this year, marking the end of her almost 40-year career with the company.
Macquarie Group reported a 30% increase in profit for FY26, reaching $A4.8 billion.
Macquarie Group expects continued improvement driven by a disciplined approach and reallocation of capital towards high-return activities.