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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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OMV AG ( (DE:OMV) ) just unveiled an update.

OMV AG announced a change in major holdings, as BlackRock, Inc. reported a decrease in its voting rights in the company to below 4%. This adjustment in shareholding could influence OMV’s market dynamics and stakeholder interests, as BlackRock’s reduced stake might affect investor perceptions and future shareholder decisions.

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 integrated oil and gas company based in Vienna, Austria. The company is involved in the exploration, production, refining, and marketing of oil and gas, and operates in multiple countries, focusing on sustainable energy solutions.

Average Trading Volume: 403,291

Current Market Cap: €14.61B

Learn more about OMV stock on TipRanks’ Stock Analysis page.

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