Van de Velde NV (GB:0IWV) has released an update.
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Van de Velde NV, renowned for its premium lingerie brands, has utilized part of its excess cash to buy back shares, acquiring a total of 4,863 shares at an average price of €30.70 per share, amounting to €149,307.40. This buyback, executed on Euronext Brussels from August 8 to 16, 2024, is part of an authorization granted by shareholders in April 2022. The company now holds 363,855 of its own shares, representing 2.8% of its total share count.
For further insights into GB:0IWV stock, check out TipRanks’ Stock Analysis page.
