Bekaert - Update on the Share Buyback Program and the Liquidity Agreement
Update on the Share Buyback Program and the Liquidity Agreement
Period from 29 May 2025 to 4 June 2025
Share Buyback Program
On , Bekaert announced the start of the next tranche of its share buyback program, for a total maximum consideration of up to € 25 million. As announced previously, the purpose of the Program is to cancel all shares repurchased.
Bekaert announces today that during the period from 29 May 2025 to 4 June 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 61 620 shares.
The table below provides an overview of the transactions under the Program during the period from 29 May 2025 to 4 June 2025:
| | Repurchase of shares | |||||
| Date | Market | Number of Shares | Average Price paid (€) | Highest Price paid (€) | Lowest Price paid (€) | Total Amount (€) |
| 29 May 2025 | Euronext Brussels | 8 000 | 35.68 | 35.85 | 35.45 | 285 440 |
| | MTF CBOE | 4 000 | 35.67 | 35.85 | 35.50 | 142 680 |
| | MTF Turquoise | | | | | — |
| | MTF Aquis | | | | | — |
| 30 May 2025 | Euronext Brussels | 8 000 | 35.68 | 35.90 | 35.35 | 285 440 |
| | MTF CBOE | 4 000 | 35.67 | 35.90 | 35.35 | 142 680 |
| | MTF Turquoise | | | | | — |
| | MTF Aquis | | | | | — |
| 2 June 2025 | Euronext Brussels | 7 323 | 35.61 | 35.80 | 35.30 | 260 772 |
| | MTF CBOE | 3 893 | 35.60 | 35.75 | 35.30 | 138 591 |
| | MTF Turquoise | | | | | — |
| | MTF Aquis | | | | | — |
| 3 June 2025 | Euronext Brussels | 8 500 | 35.41 | 35.55 | 35.30 | 300 985 |
| | MTF CBOE | 4 404 | 35.45 | 35.55 | 35.30 | 156 122 |
| | MTF Turquoise | | | | | — |
| | MTF Aquis | | | | | — |
| 4 June 2025 | Euronext Brussels | 8 500 | 35.77 | 36.20 | 35.25 | 304 045 |
| | MTF CBOE | 5 000 | 35.73 | 36.20 | 35.40 | 178 650 |
| | MTF Turquoise | | | | | |
| | MTF Aquis | | | | | |
| Total | | 61 620 | 35.63 | 36.20 | 35.25 | 2 195 405 |
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 2 500 shares during the period from 29 May 2025 to 4 June 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 2 300 shares on Euronext Brussels.
The tables below provide an overview of the transactions under the liquidity agreement during the period from 29 May 2025 to 4 June 2025:
| | Purchase of shares | ||||
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) |
| 29 May 2025 | 200 | 35.50 | 35.50 | 35.50 | 7 100 |
| 30 May 2025 | 200 | 35.30 | 35.30 | 35.30 | 7 060 |
| 2 June 2025 | 800 | 35.40 | 35.50 | 35.25 | 28 320 |
| 3 June 2025 | 500 | 35.36 | 35.40 | 35.25 | 17 680 |
| 4 June 2025 | 800 | 35.35 | 35.50 | 35.30 | 28 280 |
| Total | 2 500 | | | | 88 440 |
| | Sale of shares | ||||
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) |
| 29 May 2025 | 700 | 35.66 | 35.80 | 35.60 | 24 962 |
| 30 May 2025 | 567 | 35.82 | 36.00 | 35.70 | 20 310 |
| 2 June 2025 | 0 | 0.00 | 0.00 | 0.00 | 0 |
| 3 June 2025 | 0 | 0.00 | 0.00 | 0.00 | 0 |
| 4 June 2025 | 1 033 | 35.90 | 36.20 | 35.75 | 37 085 |
| Total | 2 300 | | | | 82 357 |
The balance held by Bekaert under the liquidity agreement at the end of the period is 34 867 shares.
On 4 June 2025 after closing of the market, Bekaert holds 1 820 450 own shares, or 3.45% of the total number of the outstanding shares.
This information is also made available on the pages of our website.
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