OMV Aktiengesellschaft (WBAG:OMV) intends to pursue acquisitions. “The cash will be used according to our strategic capital allocation priorities: capital expenditures, strategic acquisitions, dividend payments and reduction of debt. The gearing level declined to 3%. Long term, we are aiming to keep our gearing ratio below 30%,” Reinhard Florey, Chief Financial Officer and Member of Executive Board, said.