Update on acquisition of treasury shares
10 December 2024 - 4:02AM
UK Regulatory
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 |
# shares |
Average price |
Min price |
Max price |
Total value |
02/12/2024 |
10,000 |
7.975 |
7.950 |
8.000 |
79,746.9 |
03/12/2024 |
10,000 |
7.965 |
7.950 |
7.980 |
79,650.0 |
04/12/2024 |
7,000 |
7.917 |
7.900 |
7.930 |
59,375.0 |
05/12/2024 |
10,000 |
7.933 |
7.910 |
7.950 |
79,325.0 |
06/12/2024 |
10,000 |
8.007 |
7.960 |
8.040 |
80,064.7 |
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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