Bekaert - Update on the Share Buyback Program and the Liquidity Agreement
Update on the Share Buyback Program and the Liquidity Agreement
Period from 27 February 2025 to 5 March 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 27 February 2025 to 5 March 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 62 692 shares.
The table below provides an overview of the transactions under the Program during the period from 27 February 2025 to 5 March 2025:
| | Repurchase of shares | |||||
| Date | Market | Number of Shares | Average Price paid (€) | Highest Price paid (€) | Lowest Price paid (€) | Total Amount (€) |
| 27 February 2025 | Euronext Brussels | | | | | — |
| | MTF CBOE | | | | | — |
| | MTF Turquoise | | | | | — |
| | MTF Aquis | | | | | — |
| 28 February 2025 | Euronext Brussels | 5 930 | 34.50 | 35.28 | 33.38 | 204 585 |
| | MTF CBOE | 5 649 | 34.48 | 35.32 | 33.22 | 194 778 |
| | MTF Turquoise | 1 134 | 34.52 | 35.12 | 33.38 | 39 146 |
| | MTF Aquis | 617 | 34.59 | 35.18 | 33.68 | 21 342 |
| 3 March 2025 | Euronext Brussels | 7 266 | 35.16 | 35.48 | 34.48 | 255 473 |
| | MTF CBOE | 6 534 | 35.16 | 35.48 | 34.72 | 229 735 |
| | MTF Turquoise | 1 384 | 35.20 | 35.44 | 35.00 | 48 717 |
| | MTF Aquis | 796 | 35.21 | 35.44 | 34.94 | 28 027 |
| 4 March 2025 | Euronext Brussels | 7 504 | 32.93 | 34.28 | 32.12 | 247 107 |
| | MTF CBOE | 6 652 | 32.91 | 34.18 | 32.20 | 218 917 |
| | MTF Turquoise | 1 410 | 33.28 | 34.10 | 33.12 | 46 925 |
| | MTF Aquis | 802 | 33.22 | 33.86 | 33.10 | 26 642 |
| 5 March 2025 | Euronext Brussels | 8 013 | 33.57 | 34.00 | 33.24 | 268 996 |
| | MTF CBOE | 6 839 | 33.57 | 33.94 | 33.26 | 229 585 |
| | MTF Turquoise | 1 376 | 33.58 | 33.94 | 33.28 | 46 206 |
| | MTF Aquis | 786 | 33.55 | 33.92 | 33.28 | 26 370 |
| Total | | 62 692 | 34.02 | 35.48 | 32.12 | 2 132 551 |
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 7 000 shares during the period from 27 February 2025 to 5 March 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 10 269 shares on Euronext Brussels.
The tables below provide an overview of the transactions under the liquidity agreement during the period from 27 February 2025 to 5 March 2025:
| | Purchase of shares | ||||
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) |
| 27 February 2025 | 600 | 34.21 | 34.36 | 34.10 | 20 526 |
| 28 February 2025 | 2 400 | 33.52 | 33.60 | 33.20 | 80 448 |
| 3 March 2025 | 1 400 | 34.79 | 35.20 | 34.20 | 48 706 |
| 4 March 2025 | 2 400 | 33.42 | 34.24 | 32.60 | 80 208 |
| 5 March 2025 | 200 | 33.30 | 33.30 | 33.30 | 6 660 |
| Total | 7 000 | | | | 236 548 |
| | Sale of shares | ||||
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) |
| 27 February 2025 | 2 000 | 34.48 | 34.70 | 34.30 | 68 960 |
| 28 February 2025 | 3 169 | 34.42 | 35.20 | 33.80 | 109 077 |
| 3 March 2025 | 1 500 | 35.27 | 35.50 | 35.00 | 52 905 |
| 4 March 2025 | 0 | 0.00 | 0.00 | 0.00 | 0 |
| 5 March 2025 | 3 600 | 33.46 | 33.90 | 32.80 | 120 456 |
| Total | 10 269 | | | | 351 398 |
The balance held by Bekaert under the liquidity agreement at the end of the period is 36 833 shares.
On 5 March 2025 after closing of the market, Bekaert holds 2 655 118 own shares, or 4.89% of the total number of the outstanding shares.
This information is also made available on the pages of our website.
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