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Ontex Reports Progress on Share Buy-Back Program
Company Announcements

Ontex Reports Progress on Share Buy-Back Program

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Invest with Confidence:

Ontex Group N.V. ( (GB:0QVQ) ) has provided an announcement.

Ontex has reported its recent actions in its share buy-back program, repurchasing 67,060 shares on Euronext Brussels, as part of a plan announced in November 2024. These transactions aim to increase treasury shares from 1.35% to 3.17% of the total issued shares by June 30, 2025, supporting long-term incentive plans. The buy-back is conducted under shareholder authorization and through an independent intermediary.

More about Ontex Group N.V.

Ontex is a leading international developer and producer of baby, feminine, and adult care products, catering to both retailers and the healthcare sector. The company operates in approximately 100 countries and employs around 7,200 people, with headquarters in Aalst, Belgium. Ontex is listed on Euronext Brussels and is a part of the Bel Mid® index.

YTD Price Performance: -2.59%

Average Trading Volume: 9,002

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €655.3M

For an in-depth examination of 0QVQ stock, go to TipRanks’ Stock Analysis page.

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