• Bekaert - Update on the Share Buyback Program

    Source: Nasdaq GlobeNewswire / 26 Jan 2024 02:15:00   America/New_York

           

    Update on the Share Buyback Program

    Period from 18 January 2024 to 24 January 2024

    On 17 November 2023, Bekaert announced the start of the eighth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Eighth 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 18 January 2024 to 24 January 2024, Kepler Cheuvreux on behalf of Bekaert has bought 47 848 shares.

    The table below provides an overview of the transactions under the eighth of the Program during the period from 18 January 2024 to 24 January 2024:

      Repurchase of shares
    Date Market Number of Shares Average Price paid (€) Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    18 January 2024 Euronext Brussels 9 348 44.61 44.86 44.24 417 014
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    19 January 2024 Euronext Brussels 10 000 45.06 45.40 44.74 450 600
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    22 January 2024 Euronext Brussels 10 000 45.33 45.70 45.00 453 300
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    23 January 2024 Euronext Brussels 10 000 45.36 45.68 45.10 453 600
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    24 January 2024 Euronext Brussels 8 500 45.31 45.48 45.08 385 135
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    Total   47 848 45.14 45.70 44.24 2 159 649

    On 24 January 2024 after closing of the market, Bekaert holds 2 322 706 own shares, or 4.24% 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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