Van de Velde NV ( (GB:0IWV) ) has issued an update.
Van de Velde NV’s Board of Directors executed a treasury share buyback program on Euronext Brussels, acquiring 3,574 shares at an average price of €30.97 between January 24 and February 3, 2025. This move, authorized by shareholders in 2022, demonstrates the company’s confidence in its strategic direction and results in Van de Velde holding 231,710 treasury shares, equating to 1.8% of its total shares.
More about Van de Velde NV
Van de Velde NV is a company specializing in high-quality lingerie with premium brands such as PrimaDonna, Marie Jo, and Sarda. It operates in partnership with independent lingerie boutiques globally and has its own retail network, focusing primarily on markets in Europe and North America. The company emphasizes impeccable in-store service through its Lingerie Styling Concept and employs 1,500 people while being listed on Euronext Brussels.
YTD Price Performance: 4.09%
Average Trading Volume: 288
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €390.2M
Learn more about 0IWV stock on TipRanks’ Stock Analysis page.