tiprankstipranks
Van de Velde NV Announces Treasury Share Buyback
Company Announcements

Van de Velde NV Announces Treasury Share Buyback

Story Highlights

Stay Ahead of the Market:

Van de Velde NV ( (GB:0IWV) ) has issued an announcement.

Van de Velde NV’s Board of Directors has executed a buyback program, acquiring a total of 3,830 treasury shares from Euronext Brussels between 23 December 2024 and 3 January 2025 at an average price of €29.02 per share. The company currently holds 450,786 shares, representing 3.5% of its total shares, reflecting confidence in its strategic direction.

More about Van de Velde NV

Van de Velde NV is a prominent player in the fashion industry, specializing in high-quality lingerie through its premium brands like PrimaDonna, Marie Jo, and Sarda. The company aims to empower women by enhancing their self-confidence and image with perfectly fitting lingerie. Operating mainly in Europe and North America, Van de Velde collaborates with 3,600 independent boutiques and has its own retail network, employing 1,500 people and listed on Euronext Brussels.

YTD Price Performance: 0.17%

Average Trading Volume: 242

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €378.7M

See more data about 0IWV stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskVan de Velde NV Boosts Shareholder Value with Buyback
TipRanks European Auto-Generated NewsdeskVan de Velde NV Enhances Financial Position with Share Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App