OMV AG ( (DE:OMV) ) has provided an announcement.
OMV AG announced a manager’s transaction involving the transfer of treasury shares as part of the annual bonus for its Chief Executive Officer, Alfred Stern. The transaction, involving 17,787 shares, is part of the Equity Deferral 2024 plan, which allocates a portion of executive bonuses in shares based on performance criteria and the company’s average share price over a specified period. This move reflects OMV’s commitment to aligning executive compensation with company performance and shareholder interests.
More about OMV AG
OMV Aktiengesellschaft is a prominent player in the oil and gas industry, primarily engaged in the exploration, production, refining, and marketing of oil and gas. The company also focuses on petrochemicals and operates in various international markets, with a strong presence on the Vienna Stock Exchange.
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.