Share Buy-Back Sends Moelis (ASX:MOE) Share Price 3% Lower
Jaz Harrison
September 3, 2019
The Moelis Australia Ltd (ASX:MOE) share price dropped over 3%
Moelis Australia Ltd (ASX: MOE) is an Australian-based investment bank which has been operating since 2019. It offers asset management, corporate advisory and equities services. Moelis has advised on over $100 billion of transactions, assisted clients to raise more than $7.5 billion and has over $3.9 billion in assets under management (AUM). Around 20% of Moelis Australia is owned by New York listed Moelis & Company (NYSE: MC)
The Moelis Australia Ltd (ASX:MOE) share price dropped over 3%
Australia’s All Ordinaries (INDEXASX:XAO)(ASX:XAO) closed firmly higher on Monday.
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