Ontex Group N.V. (GB:0QVQ) has released an update.
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Ontex Group NV has initiated a share buyback program, acquiring 47,500 shares in the first week, which is part of a plan to repurchase up to 1.5 million shares by mid-2025. This move aims to fulfill obligations under long-term bonus plans and shows Ontex’s strategic financial management. The buyback program is conducted independently and is expected to enhance shareholder value.
For further insights into GB:0QVQ stock, check out TipRanks’ Stock Analysis page.
