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An update from Van de Velde NV ( (GB:0IWV) ) is now available.
Van de Velde NV’s Board of Directors has executed a buyback program, acquiring 5,520 treasury shares on Euronext Brussels between March 5 and March 13, 2025, at an average price of €30.46 per share, totaling €168,129. This move, authorized in April 2022, reflects the company’s confidence in its strategic direction and currently holds 249,212 own shares, representing 1.9% of its total shares. The acquisition is part of a broader strategy to strengthen its market position and demonstrate commitment to its stakeholders.
More about Van de Velde NV
Van de Velde NV is a company specializing in the creation of high-quality, fashionable lingerie under its premium brands PrimaDonna, Marie Jo, and Sarda. The company aims to empower women by enhancing their self-confidence through beautifully fitting lingerie. Van de Velde operates in close partnership with 3,600 independent lingerie boutiques worldwide and has its own retail network with brands Rigby & Peller and Lincherie, focusing primarily on the European and North American markets. The company employs 1,500 people and is listed on Euronext Brussels.
YTD Price Performance: 4.09%
Average Trading Volume: 255
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €387M
For a thorough assessment of 0IWV stock, go to TipRanks’ Stock Analysis page.