Van de Velde NV (GB:0IWV) has released an update.
Van de Velde NV has acquired 5,052 treasury shares on Euronext Brussels to manage excess cash, with an average purchase price of €30.38 per share. This acquisition is part of the company’s strategy to strengthen its financial position while continuing to enhance its premium lingerie brands’ global presence.
For further insights into GB:0IWV stock, check out TipRanks’ Stock Analysis page.