Reporting on acquisition of treasury shares
December 16 2024 - 12:33PM
UK Regulatory
Reporting on acquisition of treasury shares
Regulated information
Aalst, Belgium, December 16, 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 13,
2024, Ontex repurchased 35,962 shares on the regulated market of
Euronext Brussels, as set out in the table below. As a result of
these transactions, Ontex now holds 1,197,168 treasury shares,
representing 1.45% of the total number of issued
shares.
|
Date |
#
shares |
Average price (in €) |
Min price
(in €) |
Max price
(in €) |
Total value
(in €) |
|
09/12/2024 |
10,000 |
7.953 |
7.920 |
7.980 |
79,525 |
|
10/12/2024 |
5,000 |
7.996 |
7.990 |
8.010 |
39,981 |
|
11/12/2024 |
8,112 |
7.986 |
7.980 |
7.990 |
64,784 |
|
12/12/2024 |
10,500 |
8.090 |
8.080 |
8.100 |
84,945 |
|
13/12/2024 |
2,350 |
8.195 |
8.180 |
8.210 |
19,258 |
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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