tiprankstipranks
Trending News
More News >

OMV AG Transfers Executive Shares Under LTIP

Story Highlights
OMV AG Transfers Executive Shares Under LTIP

OMV AG ( (DE:OMV) ) just unveiled an announcement.

OMV AG announced a transaction involving the transfer of 5,717 shares to Martijn van Koten, a member of the Executive Board, as part of a Long Term Incentive Plan (LTIP) covering the period from 2022 to 2024. The shares, derived from a performance share plan, are set to vest on March 31, 2025, and are to be transferred as treasury shares of OMV AG, reflecting the company’s commitment to rewarding executive performance and aligning management interests with shareholder value.

More about OMV AG

OMV Aktiengesellschaft is a prominent company in the oil and gas industry, focusing on the exploration, production, refining, and marketing of oil and gas. It operates globally with a significant presence in the European market, providing energy solutions and products.

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.

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