Bekaert - Update on the Share Buyback Program

29-Dec-2023

Press release

Summary & download

        

Update on the Share Buyback Program

Period from 21 December 2023 to 27 December 2023

On 17 November 2023, Bekaert announced the start of the eighth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Eighth Tranche). All shares bought as part of the Program will be cancelled. The purpose of the Program is to reduce the issued share capital of the company.

Bekaert announces today that during the period from 21 December 2023 to 27 December 2023, Kepler Cheuvreux on behalf of Bekaert has bought 30 000 shares.

The table below provides an overview of the transactions under the eighth of the Program during the period from 21 December 2023 to 27 December 2023:

  Repurchase of shares
Date Market Number of Shares Average Price paid (€) Highest Price
paid (€)
Lowest Price
paid (€)
Total
Amount (€)
21 December 2023 Euronext Brussels 10 000 45.68 45.98 45.12 456 800
  MTF CBOE          
  MTF Turquoise          
  MTF Aquis          
22 December 2023 Euronext Brussels 10 000 46.01 46.26 45.80 460 100
  MTF CBOE          
  MTF Turquoise          
  MTF Aquis          
25 December 2023 Euronext Brussels        
  MTF CBOE          
  MTF Turquoise          
  MTF Aquis          
26 December 2023 Euronext Brussels        
  MTF CBOE          
  MTF Turquoise          
  MTF Aquis          
27 December 2023 Euronext Brussels 10 000 46.19 46.48 45.90 461 900
  MTF CBOE          
  MTF Turquoise          
  MTF Aquis          
Total   30 000 45.96 46.48 45.12 1 378 800

On 27 December 2023 after closing of the market, Bekaert holds 2 148 387 own shares, or 3.92% of the total number of the outstanding shares.

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

Attachment