Bekaert - Update on the Share Buyback Program and the Liquidity Agreement
January 10 2025 - 1:15AM
UK Regulatory
Bekaert - Update on the Share Buyback Program and the Liquidity
Agreement
Update on the Share Buyback Program and
the Liquidity Agreement
Period from 2 January 2025 to 8 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
2 January 2025 to 8 January 2025, Kepler Cheuvreux SA on
behalf of Bekaert has bought 59 869 shares.
The table below provides an overview of the transactions under
the First Tranche of the Program during the period
from 2 January 2025 to 8 January 2025:
|
|
Repurchase of shares |
|
Date |
Market |
Number of Shares |
Average Price paid (€) |
Highest Price
paid (€) |
Lowest Price
paid (€) |
Total
Amount (€) |
|
2 January 2025 |
Euronext Brussels |
8 000 |
33.66 |
33.96 |
33.48 |
269 280 |
|
|
MTF CBOE |
4 000 |
33.65 |
33.86 |
33.50 |
134 600 |
|
|
MTF Turquoise |
|
|
|
|
|
|
|
MTF Aquis |
|
|
|
|
|
|
3 January 2025 |
Euronext Brussels |
8 000 |
33.29 |
33.68 |
33.02 |
266 329 |
|
|
MTF CBOE |
4 000 |
33.28 |
33.52 |
33.02 |
133 101 |
|
|
MTF Turquoise |
|
|
|
|
|
|
|
MTF Aquis |
|
|
|
|
|
|
6 January 2025 |
Euronext Brussels |
7 899 |
33.83 |
34.36 |
33.08 |
267 223 |
|
|
MTF CBOE |
3 970 |
33.84 |
34.32 |
33.40 |
134 345 |
|
|
MTF Turquoise |
|
|
|
|
|
|
|
MTF Aquis |
|
|
|
|
|
|
7 January 2025 |
Euronext Brussels |
7 800 |
33.79 |
34.50 |
33.54 |
263 562 |
|
|
MTF CBOE |
4 200 |
33.78 |
34.44 |
33.58 |
141 876 |
|
|
MTF Turquoise |
|
|
|
|
|
|
|
MTF Aquis |
|
|
|
|
|
|
8 January 2025 |
Euronext Brussels |
7 800 |
32.93 |
33.40 |
32.64 |
256 854 |
|
|
MTF CBOE |
4 200 |
32.92 |
33.32 |
32.64 |
138 264 |
|
|
MTF Turquoise |
|
|
|
|
|
|
|
MTF Aquis |
|
|
|
|
|
|
Total |
|
59 869 |
33.50 |
34.50 |
32.64 |
2 005 434 |
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 6 000 shares
during the period from 2 January 2025 to 8 January 2025
on Euronext Brussels. During the same period, Kepler Cheuvreux on
behalf of Bekaert has sold 4 100 shares on Euronext
Brussels.
The tables below provide an overview of the transactions under
the liquidity agreement during the period from 2 January 2025
to 8 January 2025:
|
|
Purchase of shares |
|
Date |
Number of Shares |
Average Price (€) |
Highest Price (€) |
Lowest Price (€) |
Total Amount (€) |
|
2 January 2025 |
400 |
33.53 |
33.56 |
33.50 |
13 412 |
|
3 January 2025 |
2 000 |
33.26 |
33.60 |
33.00 |
66 520 |
|
6 January 2025 |
0 |
0.00 |
0.00 |
0.00 |
0 |
|
7 January 2025 |
1 600 |
33.80 |
33.90 |
33.60 |
54 080 |
|
8 January 2025 |
2 000 |
33.01 |
33.40 |
32.70 |
66 020 |
|
Total |
6 000 |
|
|
|
200 032 |
|
|
Sale of shares |
|
Date |
Number of Shares |
Average Price (€) |
Highest Price (€) |
Lowest Price (€) |
Total Amount (€) |
|
2 January 2025 |
1 400 |
33.91 |
34.00 |
33.88 |
47 474 |
|
3 January 2025 |
0 |
0.00 |
0.00 |
0.00 |
0 |
|
6 January 2025 |
2 400 |
33.75 |
34.42 |
33.28 |
81 000 |
|
7 January 2025 |
300 |
34.50 |
34.50 |
34.50 |
10 350 |
|
8 January 2025 |
0 |
0.00 |
0.00 |
0.00 |
0 |
|
Total |
4 100 |
|
|
|
138 824 |
The balance held by Bekaert under the liquidity agreement at the
end of the period is 42 305 shares.
On 8 January 2025 after closing of the market, Bekaert
holds 2 296 856 own shares, or 4.23% of the total number
of the outstanding shares.
This information is also made available on the investor
relations pages of our website.
- p250110E - Bekaert - Update on the Share Buyback Program and
the Liquidity Agreement
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