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Ontex Group’s Strategic Share Buyback Program

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Ontex Group’s Strategic Share Buyback Program

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Ontex Group N.V. ( (GB:0QVQ) ) has shared an update.

Ontex Group N.V. has disclosed details of its ongoing share buyback program, initiated on 2 December 2024, aiming to acquire up to 1.5 million shares by 30 June 2025. This initiative is intended to fulfill obligations under current and future long-term incentive plans, potentially impacting the company’s financial strategies and shareholder value.

More about Ontex Group N.V.

Ontex is a leading international developer and producer of products in baby care, feminine hygiene, and adult care, catering to both retailers and healthcare providers. The company distributes its innovative products in about 100 countries and employs around 7,000 people worldwide. Headquartered in Aalst, Belgium, Ontex is listed on Euronext Brussels and is part of the Bel Mid® index.

YTD Price Performance: 3.04%

Average Trading Volume: 27,333

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €694.1M

For a thorough assessment of 0QVQ stock, go to TipRanks’ Stock Analysis page.

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