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Wellington Management Increases Stake in BAWAG Group

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Wellington Management Increases Stake in BAWAG Group

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BAWAG Group AG ( (DE:0B2) ) has shared an update.

BAWAG Group AG announced a change in its major holdings, as Wellington Management Group LLP, a Boston-based investment management firm, updated its percentage of voting rights in the company. The new total of combined direct and indirect voting rights has increased to 4.12%, marking a slight rise from the previous notification. This change indicates Wellington Management’s continued interest and investment in BAWAG Group, potentially impacting shareholder dynamics and investment strategies within the company.

More about BAWAG Group AG

BAWAG Group AG is a financial services company based in Vienna, Austria, that is listed on the Vienna Stock Exchange. The company primarily deals in banking services, offering a range of financial products including loans, savings, and investment solutions to various market segments.

YTD Price Performance: 8.50%

Average Trading Volume: 499

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €6.87B

For detailed information about 0B2 stock, go to TipRanks’ Stock Analysis page.

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