ECB allows BAWAG share buyback of €175 million

The European Central Bank has approved BAWAG's planned share buyback of 175 million euros. The program is scheduled to start on October 9, 2023 and run until December 31. Up to 8,048,278 shares could be purchased, equivalent to 10 percent of the share capital, minus own shares, which are currently held, the bank announced on Wednesday evening. The bank plans to make full use of the 175 million, according to the bank's announcement. At the curren…