BAWAG GROUP: ANNUAL GENERAL MEETING APPROVES DIVIDEND OF €5.00 PER SHARE
08 Aprile 2024 - 9:25PM
BAWAG GROUP: ANNUAL GENERAL MEETING APPROVES DIVIDEND OF €5.00 PER
SHARE
VIENNA, Austria – Today, BAWAG Group’s
shareholders approved the proposal from the Management Board as
well as the Supervisory Board for a dividend of € 5.00 per share
for the 2023 financial year. The dividend will be paid out on April
15, 2024, ex dividend day will be April 10, 2024.
Anas Abuzaakouk, CEO, presented at the Annual General Meeting:
“Since our IPO in October 2017, we delivered a total shareholder
return of 67%, EPS growth of 9% per year, and an average RoTCE of
16%. We have also extended € 47 billion of credit to our customers,
supporting our customers while growing the franchise, self-funded 9
acquisitions, and distributed € 2.6 billion of capital in the form
of dividends and share buybacks. The capital distributions were €
1.7 billion in dividends, equal to a total € 19.70 per share, and €
900 million of share buybacks, reducing our overall share capital
by over 21%.
Today, I am more excited about our future growth opportunities
than I have ever been. Our transformation over the past decade has
positioned the franchise for long-term profitable growth and has
allowed us to pursue several strategic growth opportunities, such
as Knab bank. My colleagues and I could not be prouder of the BAWAG
team! We look forward to delivering on behalf of all stakeholders
in the many years to come.”
The details of the Annual General Meeting are available on BAWAG
Group’s website.
BAWAG Group will report its Q1 2024 results on April 29,
2024.
About BAWAG Group
BAWAG Group AG is a publicly listed holding company
headquartered in Vienna, Austria, serving 2.1 million retail, small
business, corporate, real estate and public sector customers across
Austria, Germany, Switzerland, Netherlands, Western Europe and the
United States. The Group operates under various brands and across
multiple channels offering comprehensive savings, payment, lending,
leasing, investment, building society, factoring and insurance
products and services. Our goal is to deliver simple, transparent,
and affordable financial products and services that our customers
need.
BAWAG Group’s Investor Relations website
https://www.bawaggroup.com/ir contains further information,
including financial and other information for investors.
Contact:
Financial Community:Jutta Wimmer (Head of
Investor Relations)Tel: +43 (0) 5 99 05-22474IR Hotline: +43 (0) 5
99 05-34444 E-mail: investor.relations@bawaggroup.com
Media:Manfred Rapolter (Head of Corporate
Affairs)Tel: +43 (0) 5 99 05-31210E-mail:
communications@bawaggroup.com
This text can also be downloaded from our website:
https://www.bawaggroup.com
Grafico Azioni Bawag (TG:0B2)
Storico
Da Feb 2025 a Mar 2025
Grafico Azioni Bawag (TG:0B2)
Storico
Da Mar 2024 a Mar 2025