Today, 3.1 million new ordinary shares of Oberbank AG started trading in the “standard market auction” segment of the regulated market of the Vienna Stock Exchange. Die Austrian listed bank has raised around EUR 166 million in equity through a capital increase, thereby widening its free float from 32.41% (30 Sept. 2016) to 36.26% and according to the Bank. According to Oberbank AG, the bank raised its share capital from around EUR 96.7 million to EUR 105.9 million, and gained 700 new shareholders through this transaction.
The prices of Oberbank AG stocks are determined once daily at a noonday auction in the market segment “standard market auction”.
