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Erste Group Bank ( (EBKOF) ) just unveiled an announcement.
Erste Group Bank AG’s 32nd Annual General Meeting authorized the Management Board to acquire and dispose of up to 10% of its own shares, with the flexibility to do so outside the stock exchange and public offers. This strategic move, which includes the ability to exclude shareholder subscription rights, aims to enhance the bank’s financial agility and operational flexibility, potentially impacting its market positioning and shareholder value.
The most recent analyst rating on (EBKOF) stock is a Buy with a EUR63.00 price target. To see the full list of analyst forecasts on Erste Group Bank stock, see the EBKOF Stock Forecast page.
More about Erste Group Bank
Erste Group Bank AG is a leading financial services provider based in Vienna, Austria, with a focus on offering banking services across Central and Eastern Europe. The company is listed on the Vienna Stock Exchange and also trades on the Bucharest and Prague Stock Exchanges.
Average Trading Volume: 654,327
Current Market Cap: €28.72B
Learn more about EBKOF stock on TipRanks’ Stock Analysis page.