Van de Velde NV ( (GB:0IWV) ) just unveiled an announcement.
Van de Velde NV’s Board of Directors has executed a strategic buyback of 3,207 treasury shares on Euronext Brussels between January 15 and January 23, 2025, at an average price of €29.39 per share, totaling €94,263.90. This buyback, authorized in April 2022, indicates the company’s confidence in its strategic direction and strengthens its market position by holding 1.8% of its own shares, including those in a stock option plan.
More about Van de Velde NV
Van de Velde NV is a prominent company in the fashion industry, specializing in creating high-quality lingerie with its prestigious brands PrimaDonna, Marie Jo, and Sarda. The company is committed to empowering women through its beautifully designed lingerie and offers an exceptional in-store service experience. It partners with 3,600 independent lingerie boutiques globally and operates its own retail network under the brands Rigby & Peller and Lincherie. Van de Velde’s primary markets are in Europe and North America, and it employs 1,500 people. The company is publicly traded on Euronext Brussels.
YTD Price Performance: 2.39%
Average Trading Volume: 258
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €378.8M
For an in-depth examination of 0IWV stock, go to TipRanks’ Stock Analysis page.