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OMV AG Initiates Limited Share Repurchase Program

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OMV AG Initiates Limited Share Repurchase Program

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

OMV AG announced the first interim update of its limited share repurchase program, revealing the purchase of 100,000 shares on March 21, 2025, at an average price of EUR 45.69, totaling approximately EUR 44.57 million. This move, executed through the Vienna Stock Exchange, is part of OMV’s strategic financial management, potentially impacting shareholder value and market perception.

More about OMV AG

OMV AG is an integrated oil and gas company based in Vienna, Austria. It operates in the energy sector, focusing on the exploration, production, refining, and marketing of oil and gas. The company is listed on the Vienna Stock Exchange and is known for its significant presence in the European energy market.

YTD Price Performance: 23.46%

Average Trading Volume: 17,600

Technical Sentiment Signal: Sell

Current Market Cap: €14.87B

See more data about OMV stock on TipRanks’ Stock Analysis page.

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