Van de Velde NV commences an Equity Buyback Plan under the authorization approved on April 27, 2022..
On March 1, 2023, the company announced a share repurchase program. Under the program, the company will repurchase ?15 million worth of its shares. The goal of this buy-back program is to reduce the cash surplus of the company. The repurchases will commence from March 2, 2023, and the program is valid for a year.