BUYING MORE: Tod’s chief Diego Della Valle and family have increased their stake in the Italian luxury company by purchasing 216,885 shares between Aug. 12 and 19, roughly 0.7 percent of the firm’s equity. The Della Valles invested about 17.27 million euros, or about $23 million at current exchange. Diego Della Valle’s DI VI Finanziaria financial vehicle handled the acquisition through five different operations, at an average purchase price of close to 80 euros, or about $106. Della Valle’s total share of Tod’s is now estimated to be 56.7 percent.
August 22, 2014