Bekaert - Update on the Share Buyback Program and Liquidity Agreement
Update on the Share Buyback Program and the Liquidity Agreement
Period from 1 May 2025 to 7 May 2025
Update on the Share Buyback Program
Bekaert announces today that it has completed the second tranche of its € 200 million share buyback program. During the tranche, which started on 28 February 2025 and ended on 7 May 2025, the company repurchased 703 937 ordinary shares for an aggregate consideration of € 24 million.
Bekaert announces today that during the period from 1 May 2025 to 7 May 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 86 529 shares.
The table below provides an overview of the transactions under the Program during the period from 1 May 2025 to 7 May 2025:
| Repurchase of shares | ||||||
| Date | Market | Number of Shares | Average Price paid (€) | Highest Price paid (€) | Lowest Price paid (€) | Total Amount (€) |
| 1 May 2025 | Euronext Brussels | |||||
| MTF CBOE | ||||||
| MTF Turquoise | ||||||
| MTF Aquis | ||||||
| 2 May 2025 | Euronext Brussels | 10 498 | 34.70 | 35.05 | 34.00 | 364 281 |
| MTF CBOE | 3 502 | 34.66 | 34.95 | 34.30 | 121 379 | |
| MTF Turquoise | ||||||
| MTF Aquis | ||||||
| 5 May 2025 | Euronext Brussels | 15 163 | 34.83 | 35.00 | 34.55 | 528 127 |
| MTF CBOE | 7 194 | 34.82 | 35.00 | 34.60 | 250 495 | |
| MTF Turquoise | 1 307 | 34.81 | 34.90 | 34.60 | 45 497 | |
| MTF Aquis | 1 153 | 34.82 | 34.95 | 34.70 | 40 147 | |
| 6 May 2025 | Euronext Brussels | 14 998 | 34.60 | 34.95 | 34.10 | 518 931 |
| MTF CBOE | 6 930 | 34.66 | 34.95 | 34.20 | 240 194 | |
| MTF Turquoise | 1 299 | 34.63 | 34.95 | 34.25 | 44 984 | |
| MTF Aquis | 1 201 | 34.68 | 35.00 | 34.40 | 41 651 | |
| 7 May 2025 | Euronext Brussels | 14 475 | 35.30 | 35.50 | 34.95 | 510 968 |
| MTF CBOE | 6 160 | 35.27 | 35.45 | 35.00 | 217 263 | |
| MTF Turquoise | 1 336 | 35.27 | 35.50 | 35.05 | 47 121 | |
| MTF Aquis | 1 313 | 35.31 | 35.50 | 35.00 | 46 362 | |
| Total | 86 529 | 34.87 | 35.50 | 34.00 | 3 017 400 | |
Liquidity agreement
In relation to the renewed liquidity agreement with Kepler Cheuvreux announced on , Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 200 shares during the period from 1 May 2025 to 7 May 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 3 500 shares on Euronext Brussels.
The tables below provide an overview of the transactions under the liquidity agreement during the period from 1 May 2025 to 7 May 2025:
| Purchase of shares | |||||
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) |
| 1 May 2025 | 0 | 0.00 | 0.00 | 0.00 | 0 |
| 2 May 2025 | 200 | 34.50 | 34.50 | 34.50 | 6 900 |
| 5 May 2025 | 0 | 0.00 | 0.00 | 0.00 | 0 |
| 6 May 2025 | 0 | 0.00 | 0.00 | 0.00 | 0 |
| 7 May 2025 | 0 | 0.00 | 0.00 | 0.00 | 0 |
| Total | 200 | 6 900 | |||
| Sale of shares | |||||
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) |
| 1 May 2025 | 0 | 0.00 | 0.00 | 0.00 | 0 |
| 2 May 2025 | 2 000 | 34.56 | 35.00 | 34.20 | 69 120 |
| 5 May 2025 | 200 | 35.00 | 35.00 | 35.00 | 7 000 |
| 6 May 2025 | 500 | 34.86 | 34.90 | 34.80 | 17 430 |
| 7 May 2025 | 800 | 35.26 | 35.45 | 35.00 | 28 208 |
| Total | 3 500 | 121 758 | |||
The balance held by Bekaert under the liquidity agreement at the end of the period is 32 067 shares.
On 7 May 2025 after closing of the market, Bekaert holds 3 235 334 own shares, or 5.96% of the total number of the outstanding shares.
This information is also made available on the pages of our website.
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