tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Goldman Sachs Reduces Stake in Addiko Bank AG

Story Highlights
Goldman Sachs Reduces Stake in Addiko Bank AG

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Addiko Bank AG ( (ADBKF) ) has provided an update.

Addiko Bank AG announced a change in major holdings as The Goldman Sachs Group, Inc. has adjusted its voting rights in the bank. The notification indicates that Goldman Sachs’ total voting rights in Addiko Bank have decreased from 4.03% to 2.01%, reflecting a significant reduction in their stake. This adjustment in holdings could impact the bank’s shareholder structure and influence its strategic decisions.

More about Addiko Bank AG

Addiko Bank AG is a financial institution based in Vienna, Austria, operating in the banking industry. It is listed on the Vienna Stock Exchange and is involved in providing banking services, with a focus on the European market.

Average Trading Volume: 1,859

Current Market Cap: €415.3M

For a thorough assessment of ADBKF stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1