Van de Velde NV (GB:0IWV) has released an update.
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Van de Velde NV has acquired 3,980 treasury shares on Euronext Brussels as part of a strategy to reduce excess cash, with an average purchase price of €29.10 per share. This move increases their total treasury shares to 430,416, representing 3.3% of the company’s total shares. Van de Velde, known for its premium lingerie brands, continues to strengthen its market presence in Europe and North America.
For further insights into GB:0IWV stock, check out TipRanks’ Stock Analysis page.