Van de Velde NV commences an Equity Buyback Plan, under the authorization approved on December 11, 2019.

Van de Velde NV (ENXTBR:VAN) commences share repurchases on March 5, 2020, under the program mandated by the shareholders in the Extraordinary General Meeting held on December 11, 2019. As per the mandate, the company is authorized to repurchase its own shares. The authority is valid for 5 years from the 2019's shareholders meeting.

As of March 12, 2020, the company had 22,278 shares in treasury, including 11,000 shares purchased under an option plan.