Van de Velde NV ( (GB:0IWV) ) just unveiled an announcement.
Van de Velde NV’s Board of Directors has executed a share buyback program, acquiring 3,678 shares on the Euronext Brussels stock exchange between February 4 and February 12, 2025. This strategic move, authorized by a 2022 shareholder meeting, underscores the company’s confidence in its business strategy. As of now, Van de Velde holds 235,388 own shares, equating to 1.8% of its total shares, signaling a stable and proactive approach to market positioning.
More about Van de Velde NV
Van de Velde NV is a prominent player in the fashion industry, specializing in high-quality lingerie through brands like PrimaDonna, Marie Jo, and Sarda. With a mission to empower women by enhancing their confidence and self-image, the company prioritizes impeccable in-store service under its Lingerie Styling concept. Operating primarily in the European and North American markets, Van de Velde collaborates with 3,600 independent lingerie boutiques worldwide and maintains its own retail network, employing 1,500 people and is listed on Euronext Brussels.
YTD Price Performance: 4.94%
Average Trading Volume: 301
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €383.2M
See more insights into 0IWV stock on TipRanks’ Stock Analysis page.