OMV AG Terminates Limited Share Repurchase Program

OMV AG has announced the termination of its limited share repurchase program. The decision was made by the company’s board of directors on March 17, 2025.

Authorization and Background

The termination is based on the existing authorization from the company’s shareholders’ meeting held on May 28, 2024.

Company’s Strategic Priorities

The move suggests that OMV is focusing on other strategic priorities.

Stock Performance

The company’s stock price has been performing well, with a notable increase in value over the past few weeks.

Analyst Outlook

Analysts are optimistic about OMV’s prospects, with some predicting that the stock price could reach its target soon.

Investor Interest

Overall, the company’s recent developments indicate a positive trend, with investors showing interest in OMV’s growth potential.