• Bekaert - Update on the Share Buyback Program and the Liquidity Agreement

    Источник: Nasdaq GlobeNewswire / 21 июл 2023 01:40:00   America/Chicago

            

    Update on the Share Buyback Program and the Liquidity Agreement

    Period from 13 July 2023 to 19 July 2023

    Share Buyback Program
    On 10 May 2023, Bekaert announced the start of the sixth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Sixth Tranche). All shares bought as part of the Program will be cancelled. The purpose of the Program is to reduce the issued share capital of the company.

    Bekaert announces today that during the period from 13 July 2023 to 19 July 2023, Kepler Cheuvreux on behalf of Bekaert has bought 62 421 shares.

    The table below provides an overview of the transactions under the sixth tranche of the Program during the period from 13 July 2023 to 19 July 2023:

      Repurchase of shares
    Date Market Number of Shares Average Price paid (€) Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    13 July 2023 Euronext Brussels 5 971 44.86 45.16 44.52 267 859
      MTF CBOE 3 923 44.89 45.16 44.58 176 103
      MTF Turquoise 991 44.89 45.10 44.54 44 486
      MTF Aquis 1 106 44.91 45.16 44.60 49 670
    14 July 2023 Euronext Brussels 5 943 43.85 45.04 42.84 260 601
      MTF CBOE 4 217 43.83 45.00 42.80 184 831
      MTF Turquoise 1 095 43.83 45.00 42.92 47 994
      MTF Aquis 1 105 43.86 45.06 42.98 48 465
    17 July 2023 Euronext Brussels 6 102 42.90 43.10 42.48 261 776
      MTF CBOE 4 325 42.92 43.10 42.48 185 629
      MTF Turquoise 1 178 42.91 43.06 42.54 50 548
      MTF Aquis 1 142 42.93 43.08 42.52 49 026
    18 July 2023 Euronext Brussels 6 113 43.42 43.84 43.02 265 426
      MTF CBOE 4 117 43.40 43.78 43.12 178 678
      MTF Turquoise 1 001 43.39 43.64 43.18 43 433
      MTF Aquis 1 104 43.41 43.76 43.18 47 925
    19 July 2023 Euronext Brussels 6 093 43.76 44.02 43.22 266 630
      MTF CBOE 4 591 43.76 43.98 43.24 200 902
      MTF Turquoise 1 187 43.80 43.98 43.24 51 991
      MTF Aquis 1 117 43.80 44.02 43.22 48 925
    Total   62 421 43.75 45.16 42.48 2 730 898

    Liquidity agreement

    In relation to the renewed liquidity agreement with Kepler Cheuvreux announced on 2 September 2022, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 12 700 shares during the period from 13 July 2023 to 19 July 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 8 078 shares on Euronext Brussels.

    The tables below provide an overview of the transactions under the liquidity agreement during the period from 13 July 2023 to 19 July 2023:

      Purchase of shares
    Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€)
    13 July 2023 500 44.70 44.70 44.70 22 350
    14 July 2023 7 000 43.63 45.10 42.80 305 410
    17 July 2023 3 200 42.73 42.90 42.60 136 736
    18 July 2023 0 0.00 0.00 0.00 0
    19 July 2023 2 000 43.56 43.80 43.20 87 120
    Total 12 700       551 616


      Sale of shares
    Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€)
    13 July 2023 2 100 44.96 45.06 44.80 94 416
    14 July 2023 0 0.00 0.00 0.00 0
    17 July 2023 1 378 43.00 43.00 43.00 59 254
    18 July 2023 3 800 43.45 43.80 43.10 165 110
    19 July 2023 800 43.95 44.00 43.90 35 160
    Total 8 078       353 940

    The balance held by Bekaert under the liquidity agreement at the end of the period is 45 343 shares.

    On 19 July 2023 after closing of the market, Bekaert holds 2 450 083 own shares, or 4.38% of the total number of the outstanding shares.

    This information is also made available on the investor relations pages of our website.

     

    Attachment


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