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BlackRock Increases Stake in OMV AG

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BlackRock Increases Stake in OMV AG

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OMV AG ( (DE:OMV) ) has shared an update.

OMV AG has announced that BlackRock, Inc. has crossed a 4% threshold in its holdings of OMV’s voting rights, as per the notification obligation under BörseG regulations. This change in holdings, resulting from acquisitions or disposals of shares and instruments, reflects BlackRock’s increased influence in OMV, potentially impacting the company’s shareholder dynamics and market perception.

The most recent analyst rating on (DE:OMV) stock is a Buy with a EUR48.00 price target. To see the full list of analyst forecasts on OMV AG stock, see the DE:OMV Stock Forecast page.

More about OMV AG

OMV Aktiengesellschaft is a major player in the oil and gas industry, headquartered in Vienna, Austria. The company is involved in the exploration, production, refining, and marketing of oil and gas, with a significant focus on European markets.

Average Trading Volume: 392,883

Current Market Cap: €15.63B

See more data about OMV stock on TipRanks’ Stock Analysis page.

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