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Ontex Group N.V. ( (GB:0QVQ) ) just unveiled an update.
Ontex Group NV has announced the progress of its share buy-back program, initially launched on December 2, 2024, with the aim of acquiring up to 1.5 million shares. As of February 28, 2025, Ontex has repurchased 104,589 shares, increasing its treasury shares to 2.29% of the total issued shares. This initiative is part of Ontex’s strategy to meet obligations under its long-term incentive plans, with the program set to conclude by June 30, 2025.
More about Ontex Group N.V.
Ontex is a leading international developer and producer of baby, feminine, and adult care products, catering to both retailers and the healthcare sector. The company distributes its innovative products in around 100 countries and employs approximately 7,000 people across 14 countries, with its headquarters in Aalst, Belgium. Ontex is listed on Euronext Brussels and is part of the Bel Mid index.
YTD Price Performance: 0.72%
Average Trading Volume: 26,166
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €673.1M
For detailed information about 0QVQ stock, go to TipRanks’ Stock Analysis page.