Burgenland Holding: Annual General Meeting decides dividend for small shareholders!

Burgenland Holding: Annual General Meeting decides dividend for small shareholders!

In an extremely exciting step for Burgenland Holding AG, which has played a central role in regional energy supply since its foundation in 1990, the remaining small shareholders should surprisingly receive 3.85 euros per share. The Burgenland Holding share, which holds 49 percent of Burgenland Energie, is currently showing strong fluctuations, while the course is 73.50 euros per share - a significant decline compared to 100 euros three years ago, as orf.at reports. The general meeting of Burgenland Holding is scheduled for Friday at 10 a.m.

energy supply and corporate structure

The Burgenland Holding, which was founded as a result of the partial privatization of the Begas and Bewager, merged into Energie Burgenland AG in 2012. This now supplies around 120,000 households and several thousand commercial and agricultural customers in Burgenland with electricity and related products. As an important player in the energy sector, the company also keeps various participations in the areas of industry and telecommunications, such as finanzen.net reports.

The constant takeover of shares by the Lower Austrian energy company EVN meant that Burgenland Holding is largely back in public property. However, the current stock trading is difficult, because the few stocks, which are still negotiated on the market, are hardly available, which influences the dynamics of the market.