Watchdog Probes OMV CEO Buy

摘要

Austrian financial watchdog FMA is investigating a share purchase OMV's chief executive made shortly before a stake sale was announced last month, it emerged Wednesday. According to OMV's website, CEO Wolfgang Ruttenstorfer bought ?620,000 ($801,200) worth of OMV stock on Mar. 23, seven days before the Austrian oil and gas firm sold its 21% stake in Hungary's Mol (IOD Mar.31,p1). The trade more than doubled his holding in the company to 40,030 shares