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Bekaert - Update on the Share Buyback Program and Liquidity Agreement
Source: Nasdaq GlobeNewswire / 11 Apr 2025 01:15:00 America/Chicago
Update on the Share Buyback Program and the Liquidity Agreement
Period from 3 April 2025 to 9 April 2025
Share Buyback Program
On 28 February 2025, 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 3 April 2025 to 9 April 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 70 000 shares.
The table below provides an overview of the transactions under the Program during the period from 3 April 2025 to 9 April 2025:
Repurchase of shares Date Market Number of Shares Average Price paid (€) Highest Price
paid (€)Lowest Price
paid (€)Total
Amount (€)3 April 2025 Euronext Brussels 10 000 31.70 3 250.00 30.92 316 964 MTF CBOE 4 000 31.71 32.50 30.94 126 834 MTF Turquoise — — — — — MTF Aquis — — — — — 4 April 2025 Euronext Brussels 10 000 29.97 30.70 28.92 299 669 MTF CBOE 4 000 29.92 30.70 28.88 119 678 MTF Turquoise — — — — — MTF Aquis — — — — — 7 April 2025 Euronext Brussels 9 455 28.56 30.10 27.40 270 056 MTF CBOE 4 545 28.62 30.00 27.60 130 077 MTF Turquoise — — — — — MTF Aquis — — — — — 8 April 2025 Euronext Brussels 10 000 29.92 30.50 29.45 299 207 MTF CBOE 4 000 29.92 30.50 29.45 119 672 MTF Turquoise — — — — — MTF Aquis — — — — — 9 April 2025 Euronext Brussels 10 000 29.45 29.85 28.95 294 496 MTF CBOE 4 000 29.47 29.85 29.05 117 899 MTF Turquoise — — — — — MTF Aquis — — — — — Total 70 000 29.92 3 250.00 0.00 2 094 551 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 9 300 shares during the period from 3 April 2025 to 9 April 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 5 200 shares on Euronext Brussels.The tables below provide an overview of the transactions under the liquidity agreement during the period from 3 April 2025 to 9 April 2025:
Purchase of shares Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€) 3 April 2025 2 500 31.75 32.00 31.20 79 375 4 April 2025 2 200 29.88 30.70 29.00 65 736 7 April 2025 2 400 28.37 29.20 27.50 68 088 8 April 2025 200 29.50 29.50 29.50 5 900 9 April 2025 2 000 29.30 29.60 29.00 58 600 Total 9 300 277 699 Sale of shares Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€) 3 April 2025 600 32.30 32.40 32.20 19 380 4 April 2025 0 0.00 0.00 0.00 0 7 April 2025 2 200 29.05 30.00 28.40 63 910 8 April 2025 2 000 30.04 30.50 29.70 60 080 9 April 2025 400 29.60 29.60 29.60 11 840 Total 5 200 155 210 The balance held by Bekaert under the liquidity agreement at the end of the period is 41 467 shares.
On 9 April 2025 after closing of the market, Bekaert holds 2 981 377 own shares, or 5.49% of the total number of the outstanding shares.
This information is also made available on the investor relations pages of our website.
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