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OMV AG ( (DE:OMV) ) has provided an announcement.
OMV AG’s Annual General Meeting on May 27, 2025, authorized the Executive Board to repurchase up to 5% of the company’s nominal capital in shares, equating to 16,363,636 shares, over a 15-month period. This move, subject to supervisory approval, allows for share repurchases at prices within a specified range and aims to support share transfer programs and potentially enhance shareholder value.
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, primarily engaged in the exploration, production, and marketing of oil and gas. The company operates in the energy sector with a focus on sustainable energy solutions and has a significant presence in the European market.
Average Trading Volume: 599,926
Current Market Cap: €15.35B
For a thorough assessment of OMV stock, go to TipRanks’ Stock Analysis page.