Ontex Group N.V. ( (GB:0QVQ) ) has provided an update.
Ontex Group NV has announced the progress of its share buyback program, initially launched on 2 December 2024, to acquire up to 1.5 million shares by 30 June 2025. During the week ending 7 March 2025, Ontex repurchased 131,276 shares on Euronext Brussels, with the aim of fulfilling obligations under its long-term incentive plans. This strategic move is expected to enhance shareholder value and align with the company’s growth objectives.
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 both retailers and healthcare providers. The company distributes its innovative products in about 100 countries and employs approximately 7,000 people worldwide. Headquartered in Aalst, Belgium, Ontex is listed on Euronext Brussels and is part of the Bel Mid® index.
YTD Price Performance: 0.18%
Average Trading Volume: 27,349
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €665M
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