BAWAG Group AG starts on October 25, 2017, trading on the prime market, the top segment of the Vienna Stock Exchange. Since their second trading day the stocks are added to the leading Austrian index, the ATX, under the fast-entry rule. At the start of trading, BAWAG CEO Anas Abuzaakouk rang the opening bell jointly with Christoph Boschan, CEO of the Vienna Stock Exchange. The Austrian bank's initial public offering yielded proceeds of around EUR 1.93 billion (incl. greenshoe) with the largest initial public offering in the history of the Vienna Stock Exchange. Based on PWC’s latest IPO ranking, the transaction in 2017 is Europe’s third-largest IPO and one of the top 10 IPOs worldwide. Watch our video to get impressions of BAWAG’s first trading day.
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