Reporting on acquisition of treasury shares
04 February 2025 - 4:00AM
UK Regulatory
Reporting on acquisition of treasury shares
Regulated information
Aalst, Belgium, February 3, 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 January 1, 2025,
Ontex repurchased 11,129 shares on the regulated market of Euronext
Brussels, as set out in the table below. As a result of these
transactions, Ontex now holds 1,550,044 treasury shares,
representing 1.88% of the total number of issued shares.
Date |
# shares |
Average
price (in €) |
Minimum
price (in €) |
Maximum
price (in €) |
Total value
(in €) |
27/01/2025 |
5,129 |
8.174 |
8.170 |
8.180 |
41,925 |
28/01/2025 |
6,000 |
8.375 |
8.370 |
8.380 |
50,249 |
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
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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