Bekaert - Update On The Share Buyback Program And Liquidity Agreement

2025-05-09 02:17:15

(MENAFN- GlobeNewsWire - Nasdaq) 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 25 June 2024 , 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 investor relations pages of our website.

Attachment

p250509E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement

MENAFN09052025004107003653ID1109527132

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.