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

GlobeNewswire

24 Jan

Update on the Share Buyback Program and the Liquidity Agreement

Period from 16 January 2025 to 22 January 2025

Share Buyback Program
On 22 November 2024, Bekaert announced the start of the first tranche of its share buyback program, for a total maximum consideration of up to € 25 million (the First Tranche). As announced previously, the purpose of the Program is to cancel all shares repurchased.

Bekaert announces today that during the period from 16 January 2025 to 22 January 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 57 703 shares.

The table below provides an overview of the transactions under the First Tranche of the Program during the period from 16 January 2025 to 22 January 2025:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
16 January 2025	Euronext Brussels	7 248	33.00	33.16	32.84	239 184
	MTF CBOE	3 496	33.00	33.16	32.84	115 368
	MTF Turquoise
	MTF Aquis
17 January 2025	Euronext Brussels	7 369	33.04	33.48	32.74	243 472
	MTF CBOE	3 820	33.07	33.52	32.74	126 327
	MTF Turquoise
	MTF Aquis
20 January 2025	Euronext Brussels	8 000	34.14	34.60	33.32	273 120
	MTF CBOE	3 934	34.17	34.58	33.84	134 425
	MTF Turquoise
	MTF Aquis
21 January 2025	Euronext Brussels	8 000	34.17	34.58	33.64	273 360
	MTF CBOE	4 000	34.13	34.56	33.68	136 520
	MTF Turquoise
	MTF Aquis
22 January 2025	Euronext Brussels	7 836	33.27	33.68	32.98	260 704
	MTF CBOE	4 000	33.27	33.60	32.98	133 080
	MTF Turquoise
	MTF Aquis
Total		57 703	33.54	34.60	32.98	1 935 560

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 4 000 shares during the period from 16 January 2025 to 22 January 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 4 500 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 16 January 2025 to 22 January 2025:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
16 January 2025	441	32.90	32.92	32.80	14 509
17 January 2025	359	32.69	32.80	32.60	11 736
20 January 2025	0	0.00	0.00	0.00	0
21 January 2025	1 611	33.86	34.10	33.60	54 548
22 January 2025	1 589	33.30	33.64	33.00	52 914
Total	4 000				133 707

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
16 January 2025	600	33.10	33.20	33.00	19 860
17 January 2025	1 500	33.38	33.60	33.20	50 070
20 January 2025	2 400	34.01	34.60	33.40	81 624
21 January 2025	0	0.00	0.00	0.00	0
22 January 2025	0	0.00	0.00	0.00	0
Total	4 500				151 554

The balance held by Bekaert under the liquidity agreement at the end of the period is 40 405 shares.

On 22 January 2025 after closing of the market, Bekaert holds 2 411 479 own shares, or 4.44% of the total number of the outstanding shares.

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

Attachment

p250124E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement

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

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