Ontex Updates on Share Buyback Program

Ontex Group N.V. ( (GB:0QVQ) ) has shared an update.

Ontex Group NV has announced an update on its share buyback program, initially announced in November 2024. The company acquired 67,181 of its own shares during the week ending February 21, 2025, bringing the total to 1,779,893 shares, or 2.16% of the issued shares. The buyback program, which aims to acquire up to 1.5 million shares, is intended to meet obligations under Ontex’s long-term incentive plans. The program is set to conclude by June 30, 2025, and is being executed by 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, both for retailers and healthcare. Its innovative products are distributed in about 100 countries through retailers and healthcare providers. The company employs around 7,200 people worldwide, is present in 14 countries, and has its headquarters in Aalst, Belgium. Ontex is listed on Euronext Brussels and is part of the Bel Mid® index.

YTD Price Performance: -0.84%

Average Trading Volume: 21,161

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €669.9M

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