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Erste Group Clears Share Buyback Framework for Austrian Savings Banks

Story Highlights
  • Erste Group approved a framework for Austrian savings banks to buy up to 812,974 shares.
  • The programme adjusts internal ownership without affecting Erste’s listing or trading authorisations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Erste Group Clears Share Buyback Framework for Austrian Savings Banks

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Erste Group Bank ( (EBKOF) ) has issued an update.

Erste Group Bank has approved a framework programme allowing Austrian savings banks within its credit institution group to buy up to 812,974 Erste Group shares, representing about 0.19% of share capital. The purchases, spanning from 27 April 2026 to 17 November 2028, will involve ordinary no-par value bearer shares and may be executed both on and off the stock exchange.

The share buyback framework sets a price floor of EUR 2 per share and a cap at 50% above the 20-day volume-weighted average price, with no impact expected on Erste’s stock exchange listing. By enabling affiliated Austrian savings banks to acquire additional Erste shares classified as own shares, the group is fine-tuning its internal ownership structure without altering existing trading authorisations or introducing employee share option programmes.

The most recent analyst rating on (EBKOF) stock is a Buy with a EUR117.00 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 Central and Eastern European banking group headquartered in Vienna, Austria. It provides retail and corporate banking, asset management and capital markets services, and its shares are listed on the Vienna Stock Exchange as well as on the Bucharest and Prague exchanges.

Average Trading Volume: 407,221

Current Market Cap: €42.52B

Find detailed analytics on EBKOF stock on TipRanks’ Stock Analysis page.

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