Results of OMV’s Ordinary Annual General Meeting 2011

EnergyOil & Gas ♦ Published: May 17, 2011; 20:22 ♦ (Vindobona)

A dividend of € 1.00 per share and a share buy-back have been approved by the AGM. Markus Beyrer was elected as member of the Supervisory Board.

Results of OMV’s Ordinary Annual General Meeting 2011 / Picture: © Wikimedia Commons / Priwo [Public Domain]

OMV’s General Meeting has approved a dividend of € 1.00 per share, which corresponds to a payout ratio of 32%. The payment date was agreed for May 24, 2011. The meeting presented the duly adopted annual financial statements and discharged the Executive Board and Supervisory Board. The annual remuneration of the Supervisory Board was set at the same level as in 2010. Ernst &…