Press release
Inside 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.
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