Reporting on acquisition of treasury shares
January 20 2025 - 11:00AM
UK Regulatory
Reporting on acquisition of treasury shares
Regulated information
Aalst, Belgium, January 20, 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 17, 2025,
Ontex repurchased 83,800 shares on the regulated market of Euronext
Brussels, as set out in the table below. As a result of these
transactions, Ontex now holds 1,471,855 treasury shares,
representing 1.79% of the total number of issued
shares.
Date |
# shares |
Average
price (in €) |
Minimum
price (in €) |
Maximum
price (in €) |
Total value
(in €) |
13/01/2025 |
21,500 |
8.169 |
8.140 |
8.200 |
175,640 |
14/01/2025 |
19,000 |
8.062 |
8.040 |
8.080 |
153,186 |
15/01/2025 |
21,500 |
8.113 |
8.060 |
8.200 |
174,436 |
16/01/2025 |
17,500 |
8.130 |
8.110 |
8.150 |
142,275 |
17/01/2025 |
4,300 |
7.948 |
7.940 |
7.950 |
34,177 |
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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