Van de Velde NV (GB:0IWV) has released an update.
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Van de Velde NV has purchased 3,441 treasury shares on Euronext Brussels to manage its excess cash, with an average price of €30.32 per share. This acquisition increases its holding to 426,436 shares, representing 3.3% of its total shares. The company is known for its premium lingerie brands and aims to empower women with high-quality products.
For further insights into GB:0IWV stock, check out TipRanks’ Stock Analysis page.