tiprankstipranks
Trending News
More News >

OMV AG Announces Executive Board Member’s Share Transaction Under LTIP 2022

Story Highlights
OMV AG Announces Executive Board Member’s Share Transaction Under LTIP 2022

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

OMV AG announced a transaction involving Reinhard Florey, a member of its Executive Board, as part of its Long Term Incentive Plan (LTIP) 2022. The transaction involves the transfer of 6,241 shares, which were granted based on performance criteria and OMV’s average share price during a specified period. The shares, which vested on March 31, 2025, were part of a performance share plan for senior managers and board members, with Florey opting for a cash payment calculated on the average share price at the Vienna Stock Exchange.

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, with a focus on Central and Eastern Europe. OMV is also engaged in the petrochemical industry and has a significant presence in the energy sector.

YTD Price Performance: 27.16%

Average Trading Volume: 18,559

Technical Sentiment Signal: Sell

Current Market Cap: €15.57B

For detailed information about OMV stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App