Strabag´s Free Float at 14%

Business › n.a. ♦ Published: September 4, 2012; 17:02 ♦ (Vindobona)

Due to share-buy backs, the free float of the Austrian construction company went down to 14%.

Strabag´s Free Float at 14% / Picture: © Vindobona.org

Strabag´s management has almost completed the share buy-back program. This year, € 216.5m were invested in the program. At the moment, Strabag holds 9.05% of its own shares.

Since the beginning of 2012, Strabag´s share price decreased by 18%. This is one of the worst performances among Vienna-listed companies. As the free float fell to 14%, the potential for a share price…

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Strabag, Construction Industry, VSE Vienna Stock Exchange, Equity Markets, Hans Peter Haselsteiner
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