24You

The new online banking of Bank Austria.

BusinessNet

The online banking for companies.

olbImgAlt To the MegaCard GoGreen-youth account
MegaCard GoGreen-youth account. The free MegaCard GoGreen-youth account for everyone from 10 to 20 years, and receive a welcome gift. To the MegaCard GoGreen-youth account
04.05.2007

BA-CA: Annual General Meeting approves squeeze-out

  • Proposal for a dividend of EUR 4 per share for 2006 accepted

At the Annual General Meeting of Bank Austria Creditanstalt (BA-CA), the squeeze-out of minority shareholders against a cash compensation of EUR 129.4 was approved yesterday evening with a majority of 98.6 per cent of the voting rights (under the new Austrian Squeeze-out Act). This is significantly above the 90 per cent level required under Austrian law. The announced proposal for a dividend of EUR 4 for 2006 was accepted (2005: EUR 2.50).

Details of the decisions can be downloaded shortly on BA-CA’s website at http://ir.ba-ca.com
Photos of the Annual General Meeting can be found at http://pressefotos.ba-ca.com

Enquiries: Bank Austria Creditanstalt, Media Relations Austria
Peter N. Thier, tel. +43 50505 52371;
E-mail: peter.thier@ba-ca.com