tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

OMV AG Announces Shift in Major Shareholder Holdings

Story Highlights
OMV AG Announces Shift in Major Shareholder Holdings

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

OMV AG has announced a change in its major holdings, with BlackRock, Inc. reducing its stake to below 4% of voting rights. This adjustment in BlackRock’s holdings, which now stand at 3.99% from a previous 4.05%, could have implications for OMV’s shareholder structure and influence in corporate decisions. The notification highlights the dynamic nature of shareholder compositions in major corporations and reflects BlackRock’s strategic investment adjustments.

The most recent analyst rating on (DE:OMV) stock is a Buy with a EUR48.00 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 multinational oil and gas company based in Vienna, Austria. It is involved in the exploration, production, and marketing of oil and gas, as well as refining and petrochemical operations. The company is a significant player in the energy sector, focusing on the European market and beyond.

YTD Price Performance: 39.88%

Average Trading Volume: 377,678

Current Market Cap: €15.39B

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
1