Van de Velde NV (GB:0IWV) has released an update.
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Van de Velde NV has utilized excess company cash to buy back 3,300 of its own shares on Euronext Brussels at an average price of €30.00 per share, totaling €99,015.00. This acquisition is part of a shareholder-approved authorization from April 2022, bringing the company’s total held shares to 2.7% of its total share count. The company is known for its high-quality lingerie brands and operates with a strong presence in Europe and North America.
For further insights into GB:0IWV stock, check out TipRanks’ Stock Analysis page.
