It was 30 years ago, on 3 December 1987, that the OMV share took its first breath on the stock market. And that at a princely price of 4,400 Schilling. Later we will look at how it has performed since then, but first, let’s hear from a few eye witnesses. Bucking Black Monday The backdrop was anything but promising. Just two months or so before OMV’s planned IPO, “Black Monday” led forecasts to plummet. This was the day that the Dow Jones in New York fell by more than 22 percent and the Vienna Stock Exchange was also unable to […]
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