Reporting on acquisition of treasury shares
23 Dezember 2024 - 6:00PM
UK Regulatory
Reporting on acquisition of treasury shares
Regulated information
Aalst, Belgium, December 23, 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 work week ending on December 20,
2024, Ontex repurchased 48,047 shares on the regulated market of
Euronext Brussels, as set out in the table below. As a result of
these transactions, Ontex now holds 1,245,215 treasury shares,
representing 1.51% of the total number of issued shares.
|
Date |
# shares |
Average
price (in €) |
Minimum
price (in €) |
Maximum
price (in €) |
Total value
(in €) |
|
16/12/2024 |
4,047 |
8.199 |
8.180 |
8.220 |
33,180 |
|
17/12/2024 |
17,500 |
8.206 |
8.190 |
8.220 |
143,605 |
|
18/12/2024 |
14,000 |
8.235 |
8.220 |
8.250 |
115,290 |
|
19/12/2024 |
10,000 |
8.035 |
8.020 |
8.050 |
80,350 |
|
20/12/2024 |
2,500 |
7.890 |
7.890 |
7.890 |
19,725 |
On December 2, 2024 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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