• Bekaert - Update on the Share Buyback Program

    Source: Nasdaq GlobeNewswire / 18 Aug 2023 01:40:00   America/Chicago

          

    Update on the Share Buyback Program and the Liquidity Agreement

    Period from 10 August 2023 to 16 August 2023

    Share Buyback Program
    On 28 July 2023, Bekaert announced the start of the seventh tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Seventh Tranche). 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.

    Bekaert announces today that during the period from 10 August 2023 to 16 August 2023, Kepler Cheuvreux on behalf of Bekaert has bought 58 899 shares.

    The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 10 August 2023 to 16 August 2023:

     Repurchase of shares
    DateMarketNumber of SharesAverage Price paid (€)Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    10 August 2023Euronext Brussels11 27743.3543.6643.06488 858
     MTF CBOE5 58643.3443.5842.98242 097
     MTF Turquoise1 29643.3443.7042.9656 169
     MTF Aquis1 50043.3343.5442.9664 995
    11 August 2023Euronext Brussels7 38342.7343.2842.38315 476
     MTF CBOE4 94942.6642.9442.40211 124
     MTF Turquoise91642.7443.1842.5039 150
     MTF Aquis1 11442.7343.2842.5047 601
    14 August 2023Euronext Brussels3 32742.8243.1442.52142 462
     MTF CBOE87842.8743.0842.5837 640
     MTF Turquoise85642.9043.0842.6436 722
     MTF Aquis98242.9043.0842.5442 128
    15 August 2023Euronext Brussels3 17443.0743.2642.82136 704
     MTF CBOE1 37143.1243.2642.8059 118
     MTF Turquoise18743.1543.2643.048 069
     MTF Aquis28343.1643.2443.0612 214
    16 August 2023Euronext Brussels6 70743.4643.7643.14291 486
     MTF CBOE4 49743.4643.7243.18195 440
     MTF Turquoise1 15243.4543.7043.3050 054
     MTF Aquis1 46443.4543.7043.2463 611
    Total 58 89943.1443.7642.382 541 118

    On 16 August 2023 after closing of the market, Bekaert holds 2 676 511 own shares, or 4.79% of the total number of the outstanding shares.

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

    Attachment


Share on,