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2007-02-16

16 February 2007  Bekaert continues share buy back

 

Under the authority vested by the General Meeting of Shareholders in the Board of Directors, 557 000 Bekaert shares were repurchased (at an average share price of € 90.17) and subsequently cancelled end 2006 (576 550 shares in 2005). Bekaert intends further to optimize its debt structure in this way in 2007.

As of 1 January 2007 the share capital of € 173 300 000 is represented by 20 946 779 shares.

 

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better together

better together wind mills

Situation

Ultra-strong and length-stable material is needed to reinforce synchronous belts which drive wind turbine blades.

Solution

A high-quality steel cord comprised of 83 twisted wires.

Result

Optimum tensile strength, length stability and adhesion with the rubber belt providing the wind turbine manufacturer with a substantially lighter, maintenance-free and space-saving solution.