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Erste Group Initiates Share Purchase Program for Austrian Savings Banks

Story Highlights
  • Erste Group Bank AG allows Austrian savings banks to buy up to 812,974 shares.
  • The share purchase program aims to enhance capital structure without affecting stock listing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Erste Group Initiates Share Purchase Program for Austrian Savings Banks

Confident Investing Starts Here:

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

Erste Group Bank AG has announced a framework program allowing Austrian savings banks to purchase up to 812,974 of its shares, considered own shares, from May 2025 to November 2027. This move, subject to supervisory and general meeting approvals, aims to enhance the bank’s capital structure without affecting its stock market listing, and will be conducted both on and off the stock exchange.

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 prominent financial institution operating within the banking industry, offering a range of financial services and products. It 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

For an in-depth examination of EBKOF stock, go to TipRanks’ Stock Analysis page.

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