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BAWAG Group AG (BAWG.VI)

BAWG.VI on Vienna Stock Exchange

38.70EUR
4 Dec 2020
Change (% chg)

€-0.30 (-0.77%)
Prev Close
€39.00
Open
€38.92
Day's High
€39.06
Day's Low
€38.36
Volume
114,245
Avg. Vol
179,082
52-wk High
€44.30
52-wk Low
€17.50

Latest Key Developments (Source: Significant Developments)

BAWAG H1 Net Profit At EUR 122 Million
Tuesday, 28 Jul 2020 

July 28 (Reuters) - BAWAG GROUP AG ::FULLY COMMITTED TO DISTRIBUTING EARMARKED DIVIDENDS RELATED TO FY '19 AND H1 '20.H1 '20 NET PROFIT OF EUR 122 MILLION, EPS OF EUR 1.39 AND ROTCE OF 8.8%.END-H1 FULLY LOADED CET1 RATIO OF 13.4% POST-DEDUCTION OF FY 2019 AND H1 '20 DIVIDENDS.CORE REVENUES REMAINED BROADLY STABLE AT EUR 575 MILLION IN FIRST HALF 2020.H1 NET INTEREST INCOME ROSE BY 3% TO EUR 448 MILLION.THERE IS STILL UNCERTAINTY AROUND SCOPE AND LENGTH OF IMPACT OF COVID-19 ON MARKETS WHICH WE OPERATE AND ULTIMATELY ON OUR BUSINESS.IT IS EXPECTED THAT UNDERLYING OPERATING PERFORMANCE REMAINS SOLID FOR REMAINDER OF YEAR, WHILE WE WILL REMAIN PRUDENT ON PROVISIONING.  Full Article

BAWAG Group Withdraws 2020 Targets
Friday, 24 Apr 2020 

April 23 (Reuters) - BAWAG Group AG ::PTA-ADHOC: BAWAG GROUP AG: BAWAG GROUP WITHDRAWS 2020 TARGETS.BAWAG -HAS TAKEN INCREMENTAL GENERAL RESERVE OF APPROX EUR 25 MILLION FOR Q1 '20 IN RETAIL, SME BUSINESS FOR DETERIORATING MACROECONOMIC OUTLOOK DUE TO COVID-19.  Full Article

BAWAG Group Managing Board Waives 2019 & 2020 Bonuses
Friday, 3 Apr 2020 

April 3 (Reuters) - BAWAG GROUP AG ::MANAGING BOARD WAIVES 2019 & 2020 BONUSES.  Full Article

BAWAG Group Postpones AGM Scheduled For May 4, To Q4 2020
Monday, 30 Mar 2020 

March 29 (Reuters) - BAWAG Group AG ::IN LIGHT OF ECB RECOMMENDATION, HAVE DECIDED TO POSTPONE CURRENTLY SCHEDULED AGM, INITIALLY SCHEDULED FOR MAY 4, 2020, TO Q4 2020.  Full Article

BAWAG Group FY Net Profit Up At EUR 459 Mln
Wednesday, 12 Feb 2020 

Feb 12 (Reuters) - BAWAG GROUP AG ::FY PROFIT BEFORE TAX OF EUR 604 MILLION, WHICH IS AN INCREASE OF 6% COMPARED TO THE PREVIOUS YEAR.GROUP TARGETS FOR 2020 CONFIRMED.TO PROPOSE DIVIDEND PAYMENT OF EUR 2.61 PER SHARE (+ 20% COMPARED TO THE PREVIOUS YEAR).FY COMMISSION SURPLUS REMAINED STABLE AT EUR 284 MILLION..FY NET PROFIT AT EUR 459 MILLION.  Full Article

BAWAG Group Says Chairman Pieter Korteweg Resigns
Thursday, 12 Dec 2019 

Dec 12 (Reuters) - BAWAG Group AG ::BAWAG GROUP AG - PIETER KORTEWEG, CHAIRMAN OF SUPERVISORY BOARD SINCE BAWAG GROUP'S PUBLIC LISTING IN 2017, HAS DECIDED TO RESIGN.BAWAG GROUP AG - EGBERT FLEISCHER, CURRENT DEPUTY CHAIRMAN OF SUPERVISORY BOARD SINCE 2017, WILL SUCCEED DR KORTEWEG AS CHAIRMAN OF SUPERVISORY BOARD.  Full Article

BAWAG Cancells Total Of 10,857,763 Own Shares
Friday, 6 Dec 2019 

Dec 6 (Reuters) - BAWAG GROUP AG ::CANCELLED A TOTAL OF 10,857,763 OWN SHARES.SHAREHOLDING OF COMPANY WITH REGARDS TO OWN SHARES FELL BELOW THRESHOLDS OF 10%.  Full Article

Bookrunner Says BAWAG AEO Deal Will Price At 35.25 Euros
Tuesday, 3 Dec 2019 

Dec 2 (Reuters) - :BLOCK TRADE-BAWAG AEO: BOOKRUNNER SAYS DEAL WILL PRICE AT 35.25 EUROS; BOOKS COVERED AT THAT PRICE.BLOCK TRADE-BAWAG AEO: BOOKRUNNER SAYS BOOKS CLOSE AT 7PM UK.  Full Article

Bookrunner Says BAWAG Group ABO Of 7.1 Million Shares To Raise About 250 mln Euros
Tuesday, 3 Dec 2019 

Dec 2 (Reuters) - :ACCELERATED BOOKBUILD BOOKRUNNER SAYS OFFERING OF 7.1 MILLION SHARES OR 8% OF CO TO RAISE ABOUT 250 MILLION EUROS.BOOKRUNNER SAYS SELLING SHAREHOLDERS ARE FUNDS ADVISED BY CERBERUS.BOOKRUNNER SAYS EXPECTED TRADE DATE DEC 3 AND EXPECTED SETTLEMENT DATE DEC 5.BOOKRUNNER SAYS JOINT BOOKRUNNERS ON DEAL ARE CITI, GS, JPM.  Full Article

BAWAG Group AG Announces Publication Of Results Of Voluntary Partial Tender Offer
Wednesday, 27 Nov 2019 

Nov 26 (Reuters) - BAWAG Group AG ::PUBLICATION OF RESULTS OF VOLUNTARY PARTIAL TENDER OFFER.PUBLISHED VOLUNTARY PARTIAL TENDER OFFER TO REPURCHASE A TOTAL OF UP TO 10.86 MILLION SHARES IN CO.OFFER PERIOD ENDED ON 22 NOV; OFFER PRICE WAS EUR 36.84 PER SHARE.TOTAL OF 31.7 MILLION SHARES OF CO HAVE BEEN TENDERED INTO OFFER.GOLDENTREE HAS PARTICIPATED IN TENDER OFFER FOR BENEFIT OF CERTAIN OF ITS LIQUIDATING ACCOUNTS.GOLDENTREE INTENDS TO RETAIN OVER 20% OF OUTSTANDING SHARES AFTER COMPLETION OF TENDER PROCESS.GOLDENTREE CONTINUES TO BELIEVE THAT SHARE PRICE OF BAWAG GROUP AG IS UNDERVALUED IN ABSOLUTE AND RELATIVE TO OTHER EUROPEAN BANK STOCKS.  Full Article

UPDATE 1-BAWAG's Q2 pre-tax profit halves

VIENNA, July 28 Austrian bank BAWAG Group's pre-tax profit halved in the second quarter as it took precautionary measures to prepare for the fallout of the coronavirus pandemic.