# Capital Group Lowers BAWAG Group Holding to 3.95% After Crossing 3% Threshold

> Capital Group notified the Austrian stock exchange that its BAWAG Group holding fell to 3.95% of voting rights, or 3,042,861 shares, from 4.00% previously.

- Published: 2026-10-30T19:32:33+00:00
- Section: Regulation & Approvals
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-30/bawag-group-capital-group-stake-3-95
- Source: [TradingView](https://www.tradingview.com/news/reuters.com,2026-10-30:newsml_PextbGcBa:0-pta-pvr-bawag-group-ag-release-according-to-article-135-section-2-b-rseg/)

## Key takeaways

- The Capital Group Companies, Inc. crossed the 3% threshold in BAWAG Group AG on October 28, 2026.
- The notification shows 3,042,861 shares representing 3.95% of voting rights, down from 4.00%.
- BAWAG Group has 77,000,000 voting rights in issue, and Capital Group held no voting rights through instruments.

The Capital Group Companies, Inc. notified the Austrian stock exchange that its holding in [BAWAG Group](https://akta.pro/company-profiles/000rk4w/bawag-group) AG fell to 3.95% of voting rights, or 3,042,861 shares, crossing the 3% threshold on October 28, 2026. [TradingView](https://www.tradingview.com/news/reuters.com,2026-10-30:newsml_PextbGcBa:0-pta-pvr-bawag-group-ag-release-according-to-article-135-section-2-b-rseg/) published the holding announcement under article 135 section 2 BörseG.

## Capital Group's Reduced BAWAG Holding

The previous notification showed 4.00% of voting rights, and the new filing records 3.95% with no voting rights held through instruments. The issuer's total voting rights stand at 77,000,000, and the shares are held indirectly under section 133 BörseG 2018. The filing lists the direct holders as Capital Group EUPAC Common Trust (US), Capital Group Global Allocation Fund (LUX), Capital Group Global Screened Allocation Fund (LUX), Capital Group Global Balanced Fund (Canada), EUPAC Fund, International Growth and Income Fund, Capital Group EUPAC Trust (US), Capital Group International Growth and Income Trust (US), American Funds Insurance Series International Growth and Income Fund, American Funds Insurance Series EUPAC Fund and CGMPV, LLC. The notification states that neither The Capital Group Companies, Inc. nor its affiliates own shares of the issuer for their own account, and that the reported shares are held by accounts under discretionary investment management. [The Capital Group Companies Inc](https://akta.pro/company-profiles/00yjb9o/the-capital-group-companies-inc) is based in Los Angeles, California, and is the parent of Capital Research and Management Company and Capital Bank & Trust Company. The Capital Group Companies, Inc. notified Syensqo under Belgian transparency law that it crossed the 5% voting rights threshold on August 4, 2026, GlobeNewswire reported.

## BAWAG Group's Scale and Recent Deals

According to akta.pro [company records](https://akta.pro/company-data), BAWAG Group is an Austrian listed commercial bank serving more than 4 million retail, corporate, real estate and public-sector customers, with €72 billion in total assets. The same records show record net profit of €860 million for full-year 2025. In April 2026 the bank agreed to acquire Permanent TSB Group Holdings for €1.62 billion, or €2.97 per share. It also entered a synthetic risk transfer partnership with UniCredit covering approximately €2 billion of credit card receivables.

## BAWAG's PTSB Approval and Q3 Results

BAWAG Group shareholders of PTSB approved the acquisition at a scheme meeting on July 30, 2026, with 91% of votes cast in favor, FinanzNachrichten.de reported. On October 19, 2026, BAWAG Group reported Q3 2026 net profit of €248 million, a return on tangible common equity of 26.9% and a cost-income ratio of 29.8%, TradingView reported. Four shareholders told the High Court that the €1.6 billion PTSB-BAWAG takeover is "derisory," arguing the State's 57% stake sale is undervalued, RTE.ie reported on October 27, 2026.

## PTSB Hearing Set for Court

PTSB confirmed that a High Court hearing on its €1.62 billion takeover by Bawag will proceed on Tuesday, The Irish Times reported on October 23, 2026, after calling Axis Capital's bid "highly speculative and conditional."

## Companies in this story

- [BAWAG Group company profile](https://akta.pro/company-profiles/000rk4w/bawag-group) · website: https://www.bawaggroup.com
- [The Capital Group Companies Inc company profile](https://akta.pro/company-profiles/00yjb9o/the-capital-group-companies-inc) · website: https://www.thegroupishere.com

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