Bekaert - Update on the Share Buyback Program and Liquidity Agreement

GlobeNewswire
18 Apr

Update on the Share Buyback Program and the Liquidity Agreement

Period from 10 April 2025 to 16 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 10 April 2025 to 16 April 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 69 183 shares.

The table below provides an overview of the transactions under the Program during the period from 10 April 2025 to 16 April 2025:

  Repurchase of shares
Date Market Number of Shares Average Price paid (€) Highest Price
paid (€)
Lowest Price
paid (€)
Total
Amount (€)
10 April 2025 Euronext Brussels 10 000 31.43 32.15 30.75 314 305
  MTF CBOE 4 000 31.43 32.15 30.75 125 724
  MTF Turquoise
  MTF Aquis
11 April 2025 Euronext Brussels 10 000 30.90 31.25 30.20 308 967
  MTF CBOE 4 000 30.91 31.20 30.15 123 622
  MTF Turquoise
  MTF Aquis
14 April 2025 Euronext Brussels 10 000 31.62 31.85 31.30 316 165
  MTF CBOE 4 000 31.57 31.75 31.30 126 292
  MTF Turquoise
  MTF Aquis
15 April 2025 Euronext Brussels 10 346 31.73 31.95 31.50 328 293
  MTF CBOE 3 654 31.65 31.90 31.50 115 667
  MTF Turquoise
  MTF Aquis
16 April 2025 Euronext Brussels 9 590 32.11 32.50 31.65 307 943
  MTF CBOE 3 593 32.11 32.40 31.65 115 378
  MTF Turquoise
  MTF Aquis
Total   69 183 31.54 32.50 0.00 2 182 355

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 1 600 shares during the period from 10 April 2025 to 16 April 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 7 000 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 10 April 2025 to 16 April 2025:

  Purchase of shares
Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€)
10 April 2025 0 0.00 0.00 0.00 0
11 April 2025 800 30.48 30.70 30.20 24 384
14 April 2025 400 31.45 31.60 31.30 12 580
15 April 2025 0 0.00 0.00 0.00 0
16 April 2025 400 31.70 31.80 31.60 12 680
Total 1 600       49 644
  Sale of shares
Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€)
10 April 2025 2 000 32.07 32.20 30.90 64 140
11 April 2025 1 600 30.91 31.20 30.80 49 456
14 April 2025 1 000 31.77 31.85 31.60 31 770
15 April 2025 1 200 31.98 32.05 31.80 38 376
16 April 2025 1 200 32.35 32.50 32.20 38 820
Total 7 000       222 562

The balance held by Bekaert under the liquidity agreement at the end of the period is 36 067 shares.

On 16 April 2025 after closing of the market, Bekaert holds 3 045 160 own shares, or 5.61% of the total number of the outstanding shares.

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

Attachment

  • p250418E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement

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