20.06.2024 - 18h00 Regulated information
Acquisition of treasury shares
In order to reduce the excess cash of the company the Board of Directors of Van de Velde NV proceeded with the purchase of shares on the market of Euronext Brussels. The following treasury shares have been acquired during the period of 11 June 2024 until and including 19 June 2024:
Transaction Date | Number of shares | Average price | Minimum price | Maximum price |
(€/share) | (€/share) | (€/share) | ||
11/06/2024 | 900 | 32,65 | 32,60 | 32,70 |
12/06/2024 | 900 | 32,17 | 32,05 | 32,25 |
13/06/2024 | 1.000 | 32,37 | 32,10 | 32,45 |
14/06/2024 | 900 | 31,85 | 31,80 | 31,90 |
17/06/2024 | 159 | 31,85 | 31,85 | 31,85 |
18/06/2024 | 1.000 | 31,84 | 31,75 | 31,90 |
19/06/2024 | 25 | 31,70 | 31,70 | 31,70 |
Total number of shares = 4.884. Average price = 32,16 €/share. Total amount = 157.066,65 €.
The authorization to acquire own shares was granted to the Board of Directors on 27 April 2022 during the extraordinary meeting of shareholders.
On 19 June 2024, 335.141 own shares are held by Van de Velde NV, including the 11.000 shares that were already purchased in the context of a stock option plan. This represents 2,6 per cent of the total number of shares of Van de Velde NV.
Van de Velde creates fashionable lingerie of superior quality with its premium, complementary brands PrimaDonna, Marie Jo and Andres Sarda. 'We ignite the power in women': Van de Velde believes in the power of people, and the power 'in' women in particular. Our purpose is to enhance the self-confidence of women through fashionable lingerie and in-store service.
We work in close partnership with 3.600 independent lingerie boutiques worldwide. In addition, we have our own retail network with retail brands Rigby & Peller and Lincherie. Our geographical center of gravity is Europe and North America. Van de Velde employs almost 1.500 employees and is listed on Euronext Brussels.
CONTACTS
For more information, contact:
Van de Velde NV - Lageweg 4 - 9260 Schellebelle - +32 (0)9 365 21 00 - www.vandevelde.eu
Karel Verlinde CommV always represented by Karel Verlinde
Chief Executive Officer
Van de Velde NV - Lageweg 4 - 9260 Schellebelle - Belgium - T. +32 9 365 21 00 - www.vandevelde.eu - info@vandevelde.eu
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Van de Velde NV published this content on 20 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2024 16:02:05 UTC.