Van de Velde NV Increases Treasury Share Holdings

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

Van de Velde NV has acquired 2,011 treasury shares on Euronext Brussels to manage excess cash, with an average price of €30.88 per share. The purchases increase the company’s total holdings to 419,363 shares, representing 3.2% of its total shares. Known for its premium lingerie brands, Van de Velde operates a global network of boutiques and retail stores.

For further insights into GB:0IWV stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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