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The latest announcement is out from Ontex Group N.V. ( (GB:0QVQ) ).
Ontex Group N.V., a prominent player in the personal care industry, has announced progress in its share buyback program, initially launched on December 2, 2024. As of January 3, 2025, the company repurchased 45,429 shares, bringing the total to 1,295,644 shares, which accounts for 1.57% of its issued shares. This initiative aims to fulfill Ontex’s long-term bonus plans obligations, with the buyback set to continue over a seven-month period, concluding on June 30, 2025. The program, authorized by an extraordinary shareholders’ meeting, is executed through an independent intermediary.
More about Ontex Group N.V.
Ontex is a leading international developer and producer of products in baby care, feminine hygiene, and adult care, catering to retailers and healthcare providers. The company’s innovative products are distributed in about 100 countries, and Ontex employs approximately 7,200 people globally, with headquarters in Aalst, Belgium. It is listed on Euronext Brussels and part of the Bel Mid® index.
YTD Price Performance: -0.12%
Average Trading Volume: 15,567
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €669.1M
For detailed information about 0QVQ stock, go to TipRanks’ Stock Analysis page.
