STRABAG share

With a market capitalisation of around € 4.3 billion at the end of 2023, STRABAG is one of the largest listed companies in Austria. The company has been listed on the Prime Market of the Vienna Stock Exchange since 2007. We are proud of our solid financial basis and our long-term vision, which puts people, the planet and progress at the centre and therefore generates added value. Our reliable dividend policy reflects our commitment to regularly share this added value with our shareholders. As part of the ATX Top Dividend price index, the STRABAG SE share is therefore one of the shares with the highest dividend yield in the ATX Prime.

Shareholder structure

This is the shareholder structure as of March 2024:

• Haselsteiner Family: 30.7%
• Raiffeisen/UNIQA: 31.9%
• MKAO "Rasperia Trading Limited": 24.1%
• Free float: 10.9%
• Treasury shares: 2.4%

There is a syndicate agreement running until 31 December 2032 between the core shareholders, including the Haselsteiner Familien-Privatstiftung, Dr. Hans Peter Haselsteiner, Klemens Peter Haselsteiner, Raiffeisen-HOLDING NIEDEROSTERREICH-WIEN registrierte Genossenschaft mit beschränkter Haftung and Group company, and Uniqa Insurance Group AG and Group companies. This essentially regulates the following:

• Rights to nominate Supervisory Board members
• Coordination of voting
• Restrictions on the transfer of shares

Until 31 December 2022, a syndicate agreement had existed between the aforementioned Austrian core shareholders and MKAO “Rasperia Trading Limited”. The former syndicate agreement still results in a right of first refusal against MKAO “Rasperia Trading Limited”. However, this right of first refusal does not apply for the duration of the sanctions against Rasperia.

The share capital of STRABAG SE amounts to € 118,221,982, divided into 118,221,979 bearer shares and three registered shares. Registered share 1 is held by Klemens Peter Haselsteiner, registered share 2 is held by Rasperia. The owners of the registered shares bearing the numbers 1 and 2 are entitled to delegate one member each to the Supervisory Board. At present, however, the rights associated with registered share 2 have been suspended due to the sanctions affecting Rasperia.

Disposal of the registered shares bearing the numbers 1 and 2 therefore also requires approval by the Supervisory Board. Otherwise, every bearer and registered share equals one vote. There are no restrictions on voting rights.

Analyst coverage and recommendations

STRABAG is currently monitored and evaluated by four financial analysts, three of whom have issued a buy recommendation and one a hold recommendation.

Analyst consensus

The following consensus figures contain the consolidated estimates of our analysts as at 14 November 2024. The average target price is € 48.3.

The recommendations are compiled and updated by STRABAG for information purposes. They are not to be understood as investment advice and are based on estimates and forecasts by various analysts regarding the company’s revenues, earnings and business developments. STRABAG SE cannot guarantee that this list is complete.