Press release
Inside Information

Aalst, Belgium, December 9, 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 December6, 2024, Ontex repurchased 47,500 shares, as set out in the table below. As a result of these transactions, Ontex now holds 1,161,206 treasury shares, representing 1.41% of the total number of issued shares.

 

Date  # shares  Average price  Min price  Max price  Total value 
02/12/2024  10,000  7.975  7.950  8.000  79,746.9 
03/12/2024  10,000  7.965  7.950  7.980  79,650.0 
04/12/2024  7,500  7.917  7.900  7.930  59,375.0 
05/12/2024  10,000  7.933  7.910  7.950  79,325.0 
06/12/2024  10,000  8.007  7.960  8.040  80,064.7 

 

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.  

Contact

Investors
Geoffroy Raskin
Press
Catherine Weyne

T: +32 53 33 36 22