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An update from Ontex Group N.V. ( (GB:0QVQ) ) is now available.
Ontex Group N.V. has reported the progress of its share buyback program, initially announced in November 2024. By the week ending January 17, 2025, the company repurchased 83,800 shares, bringing its total holdings to 1.79% of issued shares. The program aims to acquire up to 1.5 million shares by June 2025, increasing Ontex’s holdings to 3.17% of issued shares. This initiative supports Ontex’s long-term bonus plans and is executed by an independent intermediary under a discretionary mandate.
More about Ontex Group N.V.
Ontex is a leading international company specializing in the development and production of baby care, feminine hygiene, and adult care products. The company distributes its innovative products across approximately 100 countries through retailers and healthcare providers. With a workforce of about 7,200 employees, Ontex operates in 14 countries and has its headquarters in Aalst, Belgium. It is listed on Euronext Brussels and is part of the Bel Mid® index.
YTD Price Performance: -4.33%
Average Trading Volume: 8,781
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €644.8M
For detailed information about 0QVQ stock, go to TipRanks’ Stock Analysis page.
