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ONTEX Ontex Group NV

8.00
-0.08 (-0.99%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ontex Group NV EU:ONTEX Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.08 -0.99% 8.00 7.90 8.23 8.09 8.00 8.02 58,715 13:05:00

Update on acquisition of treasury shares

09/12/2024 5:02pm

UK Regulatory


Ontex Group NV (EU:ONTEX)
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From Nov 2024 to Dec 2024

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Update on acquisition of treasury shares

Regulated information

Aalst, Belgium, December 9, 2024 – In accordance with article 8:4 of the Royal Decree of 29 April 2019 executing the Belgian Code of Companies and Associations, Ontex hereby discloses information in relation to its program to buy back treasury shares, which was announced on November 25, 2024. 

During the week ending on December 6, 2024, Ontex repurchased 47,500 shares, as set out in the table below. As a result of these transactions, Ontex now holds 1,161,206 treasury shares, representing 1.41% of the total number of issued shares.             

Date# sharesAverage priceMin priceMax priceTotal value
02/12/202410,0007.9757.9508.00079,746.9
03/12/202410,0007.9657.9507.98079,650.0
04/12/20247,0007.9177.9007.93059,375.0
05/12/202410,0007.9337.9107.95079,325.0
06/12/202410,0008.0077.9608.04080,064.7

On December 2, 2023 Ontex launched a share buy-back program to acquire a maximum of 1.5 million shares, representing 1.8% of its issued shares. The shares acquired through the program will contribute to meeting Ontex’s obligations under its current and future long-term incentive plans. The share purchases will be spread over a seven-month period ending on June 30, 2025. The program is conducted under the terms and conditions of the authorization granted by the extraordinary shareholders’ meeting held on May 5, 2023, and is executed by an independent intermediary, who will make its decisions independently pursuant to a discretionary mandate.

Enquiries

  • Investors       Geoffroy Raskin            +32 53 33 37 30      investor.relations@ontexglobal.com
  • Media             Catherine Weyne         +32 53 33 36 22      corporate.communications@ontexglobal.com

About Ontex

Ontex is a leading international developer and producer of baby, feminine and adult care products, both for retailers and the healthcare sector. Ontex’s innovative products are distributed in around 100 countries through retailers and healthcare providers. Employing some 7,200 people, Ontex has a presence in 14 countries, with its headquarters in Aalst, Belgium. Ontex is listed on Euronext Brussel and is a constituent of the Bel Mid® index. To keep up with the latest news, visit ontex.com or follow Ontex on LinkedIn.

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