Van de Velde NV Executes Share Buyback Program

Van de Velde NV ( (GB:0IWV) ) has shared an update.

Van de Velde NV’s Board of Directors has executed a share buyback program, purchasing 4,139 shares on the Euronext Brussels stock exchange between February 24 and March 4, 2025, at an average price of €30.97 per share. This move, authorized in April 2022, reflects the company’s confidence in its strategic direction and results in Van de Velde holding 243,692 own shares, representing 1.9% of its total shares.

More about Van de Velde NV

Van de Velde NV is a company specializing in the design and production of high-quality lingerie under brands such as PrimaDonna, Marie Jo, and Sarda. The company focuses on empowering women by enhancing their self-confidence and self-image through beautifully crafted lingerie. Van de Velde operates a retail network with brands like Rigby & Peller and Lincherie, and collaborates with 3,600 independent lingerie boutiques worldwide, primarily targeting the European and North American markets. The company employs 1,500 people and is listed on Euronext Brussels.

YTD Price Performance: 5.62%

Average Trading Volume: 282

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €383.9M

For an in-depth examination of 0IWV stock, go to TipRanks’ Stock Analysis page.