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Ontex Group N.V. ( (GB:0QVQ) ) has issued an announcement.
Ontex Group N.V. has announced the progress of its share buyback program, which aims to repurchase up to 1.5 million shares by June 30, 2025. As of January 31, 2025, the company has acquired 11,129 shares, bringing the total to 1,550,044 shares, representing 1.88% of total issued shares. This move is part of a strategic initiative to meet the company’s long-term bonus plan obligations and potentially strengthen its market position.
More about Ontex Group N.V.
Ontex is a leading international developer and producer of baby care, feminine hygiene, and adult care products, serving both retailers and healthcare sectors. The company’s innovative products are distributed in about 100 countries, and it operates with approximately 7,200 employees across 14 countries. Headquartered in Aalst, Belgium, Ontex is listed on Euronext Brussels and is part of the Bel Mid® index.
YTD Price Performance: -0.83%
Average Trading Volume: 19,900
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €661.8M
Learn more about 0QVQ stock on TipRanks’ Stock Analysis page.
