BEKB Bekaert SA

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

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

       

Update on the Share Buyback Program and the Liquidity Agreement

Period from 2 February 2023 to 8 February 2023

Share Buyback Program

On , Bekaert announced a € 120 million program to buy back its own shares (the "Program"). The Program was split into four equal tranches of € 30 million and 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. The fourth and last tranche of the Program started on .

Bekaert announces today that during the period from 2 February 2023 to 8 February 2023, Kepler Cheuvreux on behalf of Bekaert has bought 77 132 shares.

The table below provides an overview of the transactions under the fourth tranche of the Program during the period from 2 February 2023 to 8 February 2023:

  Repurchase of shares
Date Market Number of Shares Average Price paid (€) Highest Price

paid (€)
Lowest Price

paid (€)
Total

Amount (€)
2 February 2023 Euronext Brussels 6 685 39.40 39.66 38.86 263 389
  MTF CBOE 4 086 39.42 39.66 38.94 161 070
  MTF Turquoise 734 39.41 39.62 39.08 28 927
  MTF Aquis 1 485 39.42 39.66 38.86 58 539
3 February 2023 Euronext Brussels 7 377 39.96 40.36 39.30 294 785
  MTF CBOE 4 472 40.01 40.36 39.54 178 925
  MTF Turquoise 879 40.02 40.36 39.30 35 178
  MTF Aquis 1 667 40.01 40.36 39.52 66 697
6 February 2023 Euronext Brussels 8 708 39.90 40.12 39.58 347 449
  MTF CBOE 5 163 39.90 40.12 39.58 206 004
  MTF Turquoise 1 023 39.92 40.10 39.72 40 838
  MTF Aquis 1 931 39.91 40.12 39.62 77 066
7 February 2023 Euronext Brussels 8 511 40.03 40.20 39.74 340 695
  MTF CBOE 5 167 40.02 40.16 39.72 206 783
  MTF Turquoise 1 007 40.04 40.16 39.86 40 320
  MTF Aquis 1 935 40.03 40.20 39.74 77 458
8 February 2023 Euronext Brussels 8 394 39.86 40.04 39.68 334 585
  MTF CBOE 5 009 39.88 40.06 39.66 199 759
  MTF Turquoise 998 39.85 40.08 39.66 39 770
  MTF Aquis 1 901 39.87 40.04 39.62 75 793
Total   77 132 39.85 40.36 38.86 3 074 030

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 1 600 shares during the period from 2 February 2023 to 8 February 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 6 500 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 2 February 2023 to 8 February 2023:

  Purchase of shares
Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€)
2 February 2023 0 0.00 0.00 0.00 0
3 February 2023 0 0.00 0.00 0.00 0
6 February 2023 400 39.80 39.80 39.80 15 920
7 February 2023 0 0.00 0.00 0.00 0
8 February 2023 1 200 39.73 39.80 39.60 47 676
Total 1 600 63 596



  Sale of shares
Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€)
2 February 2023 3 000 39.49 39.64 39.20 0
3 February 2023 3 100 39.93 40.40 39.64 123 783
6 February 2023 0 0.00 0.00 0.00 0
7 February 2023 0 0.00 0.00 0.00 0
8 February 2023 400 40.00 40.00 40.00 16 000
Total 6 500 139 783

The balance held by Bekaert under the liquidity agreement at the end of the period is 40 736 shares.

On 8 February 2023 after closing of the market, Bekaert holds 4 715 020 own shares, or 7.99% of the total number of the outstanding shares.

This information is also made available on the pages of our website. 

 

Attachment



EN
10/02/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Bekaert SA

 PRESS RELEASE

Publication of a transparency notification

Publication of a transparency notification Publication of a transparency notification(in accordance with the Law of 2 May 2007 on disclosure of major holdings) On 4 June 2025, NV Bekaert SA crossed the threshold of 5%. Reason for the notification: passive crossing of a thresholdNotification by a parent undertaking or a controlling personPersons subject to the notification requirement: Stichting Administratiekantoor Bekaert, Chasséveld 1, 4811 DH Breda, NederlandNV Bekaert SA, Bekaertstraat 2, 8550 Zwevegem Date on which the threshold is crossed: 4 June 2025Threshold that is crossed: 5%D...

 PRESS RELEASE

Openbaarmaking over transparantiekennisgeving

Openbaarmaking over transparantiekennisgeving Openbaarmaking over transparantiekennisgeving(conform de wet van 2 mei 2007 op de openbaarmaking van belangrijke deelnemingen) Op 4 juni 2025 heeft NV Bekaert SA de deelnemingsdrempel van 5% onderschreden. Reden voor de kennisgeving: passieve drempeloverschrijdingKennisgeving door een moederonderneming of een controlerende persoonKennisgevingsplichtige personen: Stichting Administratiekantoor Bekaert, Chasséveld 1, 4811 DH Breda, NederlandNV Bekaert SA, Bekaertstraat 2, 8550 Zwevegem Datum van drempeloverschrijding: 4 juni 2025Overschreden dr...

 PRESS RELEASE

Transparency Law

Transparency Law Transparency LawDisclosure in accordance with the Law of 2 May 2007 Pursuant to Articles 15 §1 and 18 §1 of the Law of 2 May 2007 on the disclosure of major holdings in issuers whose shares are admitted to trading on a regulated market, NV Bekaert SA (“Bekaert”) publishes the following information: Status as of 4 June 2025 Basic data Total capital:        € 159 782 000.00 Total number of securities conferring voting rights:        52 701 148 shares Total number of voting rights (the denominator):        52 701 148        (one voting right per share) Reason for the ch...

 PRESS RELEASE

Transparantiewetgeving

Transparantiewetgeving TransparantiewetgevingOpenbaarmaking conform de Wet van 2 mei 2007 Conform artikelen 15 §1 en 18 §1 van de Wet van 2 mei 2007 op de openbaarmaking van belangrijke deelnemingen in emittenten waarvan aandelen zijn toegelaten tot de verhandeling op een gereglementeerde markt maakt NV Bekaert SA (“Bekaert”) volgende informatie bekend: Toestand op 4 juni 2025 Basisgegevens Totaal kapitaal:        € 159 782 000,00 Totaal aantal stemrechtverlenende effecten:        52 701 148 aandelen Totaal aantal stemrechten (de noemer):        52 701 148        (één stemrecht per aa...

 PRESS RELEASE

Bekaert - Update on the Share Buyback Program and the Liquidity Agreem...

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 ProgramOn , 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 be...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch