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An announcement from Addiko Bank AG ( (ADBKF) ) is now available.
Addiko Bank AG announced a significant change in its shareholding structure as S-Quad Handels- und Beteiligungs GmbH acquired 9.99% of the bank’s shares. This transaction marks a strategic shift in the bank’s ownership, potentially impacting its governance and future strategic decisions, as Alexander Schütz and his associated entities are now major stakeholders.
More about Addiko Bank AG
Addiko Bank AG operates in the financial services industry, primarily offering banking services in Austria. The company is listed on the Vienna Stock Exchange and has a focus on retail and corporate banking.
YTD Price Performance: 32.68%
Average Trading Volume: 135
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $384.2M
For an in-depth examination of ADBKF stock, go to TipRanks’ Stock Analysis page.