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OMV AG’s Major Holdings Update: BlackRock Reduces Stake

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OMV AG’s Major Holdings Update: BlackRock Reduces Stake

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

OMV AG announced a change in its major holdings as BlackRock, Inc. reduced its stake in the company, with its total holdings falling below the 4% threshold. This adjustment in BlackRock’s voting rights could impact OMV’s shareholder dynamics and influence future corporate decisions, reflecting a shift in investment strategies by one of its significant stakeholders.

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 integrated oil and gas company based in Vienna, Austria. The company is involved in the exploration, production, refining, and marketing of oil and gas, as well as the production of petrochemicals. OMV operates in various international markets, focusing on sustainable energy solutions and innovation in the energy sector.

Average Trading Volume: 436,930

Current Market Cap: €15.16B

See more insights into OMV stock on TipRanks’ Stock Analysis page.

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