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BlackRock Reduces Stake in OMV AG Below 4%

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BlackRock Reduces Stake in OMV AG Below 4%

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The latest update is out from OMV AG ( (DE:OMV) ).

OMV AG announced a change in major holdings as BlackRock, Inc., a prominent investment management corporation, reduced its total holdings in OMV AG to below 4%. This adjustment in BlackRock’s position reflects a decrease in their voting rights from 4.03% to 3.91%, potentially impacting the company’s shareholder dynamics and market perception.

The most recent analyst rating on (DE:OMV) stock is a Buy with a EUR46.00 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 leading energy company based in Vienna, Austria. It operates in the oil and gas industry, focusing on exploration, production, refining, and marketing of oil and gas products. The company is listed on the Vienna Stock Exchange and is known for its significant presence in the European energy market.

Average Trading Volume: 589,219

Current Market Cap: €15.58B

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

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