Tuesday, February 25, 2025
spot_img

Reporting on acquisition of treasury shares

Regulated information

Aalst, Belgium, February 24, 2025 – In accordance with article 8:4 of the Royal Decree of April 2, 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 work week ending on February 21, 2025, Ontex repurchased 67,181 shares on the regulated market of Euronext Brussels, as set out in the table below. As a result of these transactions, Ontex now holds 1,779,893 treasury shares, representing 2.16% of the total number of issued shares.        

Date # shares Average
price (in €)
Minimum
price (in €)
Maximum
price (in €)
Total value
(in €)
17/02/2025 17,539 8.219 8.100 8.290 144,149
18/02/2025 24,000 8.381 8.350 8.410 201,140
19/02/2025 15,793 8.329 8.200 8.440 131,536
21/02/2025 9,849 8.270 8.250 8.280 81,454

On December 2, 2024 Ontex launched a share buy-back program to acquire a maximum of 1.5 million shares. Upon completion of the program the number of treasury shares is to raise from 1.35% to 3.17% of the total number of issued shares. The shares acquired 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      [email protected]
  • Media             Catherine Weyne         +32 53 33 36 22      [email protected]

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.

Attachment

  • 250224_SBB_EN

Powered by SlickText.com

Hot this week

OROCO ANNOUNCES UPSIZING OF PRIVATE PLACEMENT

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR...

Archrock Reports Fourth Quarter and Full Year 2024 Results and Provides 2025 Guidance

HOUSTON, Feb. 24, 2025 (GLOBE NEWSWIRE) --...

Douglas Dynamics Reports Fourth Quarter And Full Year 2024 Results

Results Driven by Record Performance at Work Truck Solutions...

Apollo Announces 2025 Annual Meeting of Stockholders

NEW YORK, Feb. 24, 2025 (GLOBE NEWSWIRE)...

Topics

spot_img

Related Articles

Popular Categories

spot_img