Presentation AGM
Voting results
Dividend announcement
BAWAG Group AG dividend (AT0000BAWAG2) has been paid out without deduction of Austrian withholding tax (as a repayment of capital under Austrian tax law)
In the Annual General Meeting held on May 7, 2018, the distribution of a dividend for the financial year 2017 in the amount of EUR 0.583 per share entitled to receive a dividend was resolved.
The dividend payment is classified as a repayment of capital under Austrian tax law (section 4 para 12 of the Austrian Income Tax Act). The dividend is therefore not subject to Austrian withholding tax and tax free for natural persons who are resident in Austria. On May 17, 2018, the BAWAG Group AG dividend has been distributed to shareholders without deduction of Austrian withholding tax (27.5%).
The repayment of capital did, however, reduce the acquisition costs applicable for Austrian taxation purposes (natural persons who are resident in Austria). The reduction of the acquisition costs of the corresponding BAWAG Group AG shares can result in increased capital gains taxes, if the shares are sold at a profit at a later point in time.
