OMV AG Terminates Share Repurchase Program

OMV AG, an Austrian energy company, has terminated its limited share repurchase program as announced by its board of directors on March 17, 2025.

Background

The decision to terminate the share repurchase program follows a period of significant price growth for the company’s shares. OMV’s stock price has increased over the past few years.

Share Price Performance

• An investment in OMV shares five years ago would have yielded a return of approximately 80% (100 EUR to 180 EUR).
• The company’s shares have been trading at a relatively high level.

Market Performance

• The ATX index, which includes OMV, closed slightly higher on March 26, 2025.