By Giulia Petroni

OMV AG has approved a dividend for 2019 and elected Mark Garrett as chairman of the supervisory board, the company said late Tuesday following its annual general meeting.

The Austrian oil-and-gas company said a dividend of 1.75 euros ($2.05) a share will be paid on Oct. 8.

It also elected Mr. Garrett and Gertrude Tumpel-Gugerell to the supervisory board. Mr. Garret, who previously served as chief executive at Borealis AG, will succeed Wolfgang C. Berndt in the role of chairman.

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

September 30, 2020 01:32 ET (05:32 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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