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OMV AG Shareholding Update: BlackRock Reduces Stake

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OMV AG Shareholding Update: BlackRock Reduces Stake

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OMV AG ( (DE:OMV) ) has provided an update.

OMV AG announced a change in the shareholding structure as BlackRock, Inc. reported a decrease in its voting rights in the company, falling below the 4% threshold. This adjustment in holdings could impact OMV’s shareholder dynamics and influence its decision-making processes, reflecting broader trends in investor behavior and market conditions.

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 prominent player in the oil and gas industry, primarily engaged in the exploration, production, and marketing of oil and gas, as well as refining and petrochemical operations. The company is headquartered in Vienna, Austria, and is listed on the Vienna Stock Exchange.

Average Trading Volume: 598,017

Current Market Cap: €14.11B

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

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