Bekaert - Update on the Share Buyback Program and the Liquidity Agreement
January 31 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 23 January 2025 to 29 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
23 January 2025 to 29 January 2025, Kepler Cheuvreux SA
on behalf of Bekaert has bought 51 335 shares.
The table below provides an overview of the transactions under
the First Tranche of the Program during the period
from 23 January 2025 to 29 January 2025:
|
|
Repurchase of shares |
|
Date |
Market |
Number of Shares |
Average Price paid (€) |
Highest Price
paid (€) |
Lowest Price
paid (€) |
Total
Amount (€) |
|
23 January 2025 |
Euronext Brussels |
8 000 |
33.23 |
33.38 |
33.02 |
265 840 |
|
|
MTF CBOE |
4 000 |
33.24 |
33.34 |
33.06 |
132 960 |
|
|
MTF Turquoise |
|
|
|
|
|
|
|
MTF Aquis |
|
|
|
|
|
|
24 January 2025 |
Euronext Brussels |
7 335 |
33.44 |
33.80 |
33.16 |
245 282 |
|
|
MTF CBOE |
4 000 |
33.43 |
33.72 |
33.14 |
133 720 |
|
|
MTF Turquoise |
|
|
|
|
|
|
|
MTF Aquis |
|
|
|
|
|
|
27 January 2025 |
Euronext Brussels |
9 000 |
33.37 |
33.54 |
33.08 |
300 330 |
|
|
MTF CBOE |
3 000 |
33.42 |
33.54 |
33.22 |
100 260 |
|
|
MTF Turquoise |
|
|
|
|
|
|
|
MTF Aquis |
|
|
|
|
|
|
28 January 2025 |
Euronext Brussels |
6 000 |
33.44 |
33.64 |
33.24 |
200 640 |
|
|
MTF CBOE |
2 000 |
33.44 |
33.70 |
33.24 |
66 880 |
|
|
MTF Turquoise |
|
|
|
|
|
|
|
MTF Aquis |
|
|
|
|
|
|
29 January 2025 |
Euronext Brussels |
6 000 |
33.13 |
33.40 |
32.92 |
198 800 |
|
|
MTF CBOE |
2 000 |
33.13 |
33.38 |
32.86 |
66 260 |
|
|
MTF Turquoise |
|
|
|
|
|
|
|
MTF Aquis |
|
|
|
|
|
|
Total |
|
51 335 |
33.33 |
33.80 |
32.86 |
1 710 973 |
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 4 050 shares
during the period from 23 January 2025 to 29 January 2025
on Euronext Brussels. During the same period, Kepler Cheuvreux on
behalf of Bekaert has sold 2 150 shares on Euronext
Brussels.
The tables below provide an overview of the transactions under
the liquidity agreement during the period from 23 January 2025
to 29 January 2025:
|
|
Purchase of shares |
|
Date |
Number of Shares |
Average Price (€) |
Highest Price (€) |
Lowest Price (€) |
Total Amount (€) |
|
23 January 2025 |
300 |
33.18 |
33.18 |
33.18 |
9 954 |
|
24 January 2025 |
906 |
33.29 |
33.34 |
33.10 |
30 161 |
|
27 January 2025 |
744 |
33.00 |
33.00 |
33.00 |
24 552 |
|
28 January 2025 |
1 000 |
33.18 |
33.18 |
33.16 |
33 180 |
|
29 January 2025 |
1 100 |
32.99 |
33.10 |
32.90 |
36 289 |
|
Total |
4 050 |
|
|
|
134 136 |
|
|
Sale of shares |
|
Date |
Number of Shares |
Average Price (€) |
Highest Price (€) |
Lowest Price (€) |
Total Amount (€) |
|
23 January 2025 |
0 |
0.00 |
0.00 |
0.00 |
0 |
|
24 January 2025 |
750 |
33.67 |
33.80 |
33.50 |
25 253 |
|
27 January 2025 |
500 |
33.46 |
33.46 |
33.46 |
16 730 |
|
28 January 2025 |
300 |
33.60 |
33.60 |
33.60 |
10 080 |
|
29 January 2025 |
600 |
33.35 |
33.40 |
33.30 |
20 010 |
|
Total |
2 150 |
|
|
|
72 073 |
The balance held by Bekaert under the liquidity agreement at the
end of the period is 42 305 shares.
On 29 January 2025 after closing of the market, Bekaert
holds 2 464 714 own shares, or 4.54% of the total number
of the outstanding shares.
This information is also made available on the investor
relations pages of our website.
- p250131E - Bekaert - Update on the Share Buyback Program and
the Liquidity Agreement
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