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Wellington Management Increases Stake in BAWAG Group AG
Company Announcements

Wellington Management Increases Stake in BAWAG Group AG

Story Highlights
  • BAWAG Group AG is a Vienna-based bank listed on the Vienna Stock Exchange.
  • Wellington Management’s voting rights in BAWAG increased to 4.01%, indicating strategic changes.
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BAWAG Group AG ( (DE:0B2) ) has provided an update.

Wellington Management Group LLP, a Boston-based investment management company, has crossed a significant voting rights threshold in BAWAG Group AG. Their total voting rights have increased slightly from 3.94% to 4.01%, indicating a modest adjustment in their stake, which reflects ongoing investment activities that could influence BAWAG’s market strategies and shareholder dynamics.

More about BAWAG Group AG

BAWAG Group AG is a financial institution based in Vienna, Austria, primarily focused on providing banking services. The company is listed on the Vienna Stock Exchange and is identified by the ISIN AT0000BAWAG2.

YTD Price Performance: 5.52%

Average Trading Volume: 500

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €6.68B

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

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