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Conwert to Increase Capital Up to 50 %

Published: April 10, 2013; 10:31 · (Vindobona)

Management wants to be given go-ahead from shareholders at the next general meeting for the increase of capital of up to 50 %.

Conwert to Increase Capital Up to 50 % / Picture: © Conwert

The company’s stock market value of € 706m is not exuberantly growing for the Vienna-based real estate enterbrise. The share has shown the worst performance of all Austrian real estate values. This year it decreased by 13.8 % and by 8.4 % in the last twelve months. The enterprise made losses of € 168m in the last year. There will not be a dividend, only a special dividend in the…

This article includes a total of 229 words.

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