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

    Источник: Nasdaq GlobeNewswire / 17 янв 2025 02:15:00   America/New_York

    Update on the Share Buyback Program and the Liquidity Agreement

    Period from 9 January 2025 to 15 January 2025

    Share Buyback Program
    On 22 November 2024, Bekaert announced the start of the first tranche of its share buyback program, for a total maximum consideration of up to € 25 million (the First Tranche). As announced previously, the purpose of the Program is to cancel all shares repurchased.

    Bekaert announces today that during the period from 9 January 2025 to 15 January 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 58 820 shares.

    The table below provides an overview of the transactions under the First Tranche of the Program during the period from 9 January 2025 to 15 January 2025:

     Repurchase of shares
    DateMarketNumber of SharesAverage Price paid (€)Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    9 January 2025Euronext Brussels7 80033.1133.3632.70258 258
     MTF CBOE4 20033.1033.3432.60139 020
     MTF Turquoise     
     MTF Aquis     
    10 January 2025Euronext Brussels7 80033.1933.3433.00258 882
     MTF CBOE4 20033.1833.3232.98139 356
     MTF Turquoise     
     MTF Aquis     
    13 January 2025Euronext Brussels7 80033.0233.2432.80257 556
     MTF CBOE4 20033.0233.2432.86138 684
     MTF Turquoise     
     MTF Aquis     
    14 January 2025Euronext Brussels7 80033.0933.5032.90258 102
     MTF CBOE4 20033.1033.4832.88139 020
     MTF Turquoise     
     MTF Aquis     
    15 January 2025Euronext Brussels6 89632.8933.0832.74226 809
     MTF CBOE3 92432.8933.0432.74129 060
     MTF Turquoise     
     MTF Aquis     
    Total 58 82033.0633.5032.741 944 748

    Liquidity agreement
    In relation to the renewed liquidity agreement with Kepler Cheuvreux announced on 25 June 2024, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 2 400 shares during the period from 9 January 2025 to 15 January 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 3 800 shares on Euronext Brussels.

    The tables below provide an overview of the transactions under the liquidity agreement during the period from 9 January 2025 to 15 January 2025:

     Purchase of shares
    DateNumber of SharesAverage Price (€)Highest Price (€)Lowest Price (€)Total Amount (€)
    9 January 202500.000.000.000
    10 January 202560033.0333.1033.0019 818
    13 January 202540032.8032.8032.8013 120
    14 January 20251 40032.9132.9632.8046 074
    15 January 202500.000.000.000
    Total2 400   79 012


     Sale of shares
    DateNumber of SharesAverage Price (€)Highest Price (€)Lowest Price (€)Total Amount (€)
    9 January 20252 00033.2333.4033.0066 460
    10 January 202530033.4033.4033.4010 020
    13 January 202530033.2033.2033.209 960
    14 January 202590033.4233.5033.3830 078
    15 January 202530033.0033.0033.009 900
    Total3 800   126 418

    The balance held by Bekaert under the liquidity agreement at the end of the period is 40 905 shares.

    On 15 January 2025 after closing of the market, Bekaert holds 2 354 276 own shares, or 4.34% 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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