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

    Источник: Nasdaq GlobeNewswire / 28 июл 2023 02:15:00   America/New_York

           

    Update on the Share Buyback Program and the Liquidity Agreement

    Period from 20 July 2023 to 26 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 20 July 2023 to 21 July 2023, Kepler Cheuvreux on behalf of Bekaert has bought 26 900 shares.

    The table below provides an overview of the transactions under the sixth tranche of the Program during the period from 20 July 2023 to 21 July 2023:

     Repurchase of shares
    DateMarketNumber of SharesAverage Price paid (€)Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    20 July 2023Euronext Brussels6 17342.8743.4442.56264 637
     MTF CBOE4 71242.8743.4442.54202 003
     MTF Turquoise1 27442.9143.4242.5654 667
     MTF Aquis1 17242.8743.4242.5450 244
    21 July 2023Euronext Brussels6 29542.2342.5842.04265 838
     MTF CBOE4 90142.2342.5242.04206 969
     MTF Turquoise1 22342.2442.5242.0451 660
     MTF Aquis1 15042.2342.4441.9848 565
    Total 26 90042.5543.4441.981 144 583

    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 10 214 shares during the period from 20 July 2023 to 26 July 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 5 200 shares on Euronext Brussels.

    The tables below provide an overview of the transactions under the liquidity agreement during the period from 20 July 2023 to 26 July 2023:

     Purchase of shares
    DateNumber of SharesAverage Price (€)Highest Price (€)Lowest Price (€)Total Amount (€)
    20 July 20232 60042.8343.2042.58111 358
    21 July 20232 00042.2442.5042.0084 480
    24 July 202380042.0542.1042.0033 640
    25 July 20232 81442.2142.6041.80118 779
    26 July 20232 00042.6042.7042.5085 200
    Total10 214   433 457


     Sale of shares
    DateNumber of SharesAverage Price (€)Highest Price (€)Lowest Price (€)Total Amount (€)
    20 July 202300.000.000.000
    21 July 202300.000.000.000
    24 July 20231 60042.5342.8042.3068 048
    25 July 20231 20042.8343.0042.7051 396
    26 July 20232 40042.6942.8042.60102 456
    Total5 200   221 900

    The balance held by Bekaert under the liquidity agreement at the end of the period is 50 357 shares.

    On 26 July 2023 after closing of the market, Bekaert holds 2 481 997 own shares, or 4.44% 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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