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OMV AG Announces Executive Board Share Allocation

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OMV AG Announces Executive Board Share Allocation

An announcement from OMV AG ( (DE:OMV) ) is now available.

OMV AG announced a manager’s transaction involving the transfer of 15,105 shares to Reinhard Florey, a member of the Executive Board. This transaction is part of the Equity Deferral 2024, where at least one-third of the annual bonus for Executive Board members is allocated in shares. The number of shares is determined based on the company’s average share price over a specified period and reflects the achievement of performance criteria set by the Supervisory Board. The shares, which are treasury shares of OMV, are scheduled to vest on March 31, 2025.

More about OMV AG

OMV Aktiengesellschaft is a leading energy company based in Vienna, Austria. It primarily operates in the oil and gas industry, focusing on exploration, production, refining, and marketing of oil and gas products. OMV is also involved in the petrochemicals sector and has a significant presence in Central and Eastern Europe.

YTD Price Performance: 27.16%

Average Trading Volume: 18,559

Technical Sentiment Signal: Sell

Current Market Cap: €15.57B

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

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