BlackRock Lifts OMV Stake Above 4% Disclosure Threshold

OMV AG ( (DE:OMV) ) has issued an announcement.

BlackRock, Inc. has notified OMV that its aggregate holding in OMV’s voting rights has risen above the 4% disclosure threshold under Austrian securities law. Following recent acquisitions and adjustments across shares and financial instruments, BlackRock now controls 4.39% of OMV’s voting rights, up from 4.30% previously.

The position consists of 4.06% of voting rights attached to OMV shares and a further 0.33% held via instruments including American Depositary Receipts, securities lending positions and CFDs. While the change in ownership is modest, the move confirms BlackRock’s role as a significant institutional shareholder, underscoring continued international investor interest in OMV’s equity.

The most recent analyst rating on (DE:OMV) stock is a Hold with a EUR57.00 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 an Austrian integrated oil, gas and chemicals group headquartered in Vienna. The company is active along the energy value chain, from exploration and production to refining, marketing and petrochemicals, and its shares are listed on the Vienna Stock Exchange.

Average Trading Volume: 439,882

Current Market Cap: €19.13B

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