Bekaert - Update on the Share Buyback Program

     

Update on the Share Buyback Program

Period from 15 February 2024 to 21 February 2024

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 15 February 2024 to 21 February 2024, Kepler Cheuvreux on behalf of Bekaert has bought 50 000 shares.

The table below provides an overview of the transactions under the eighth tranche of the Program during the period from 15 February 2024 to 21 February 2024:

  Repurchase of shares
Date Market Number of Shares Average Price paid (€) Highest Price paid (€) Lowest Price paid (€) Total Amount (€)
15 February 2024 Euronext Brussels 10 000 46.74 46.98 46.36 467 400
  MTF CBOE          
  MTF Turquoise          
  MTF Aquis          
16 February 2024 Euronext Brussels 10 000 47.44 47.72 47.20 474 400
  MTF CBOE          
  MTF Turquoise          
  MTF Aquis          
19 February 2024 Euronext Brussels 10 000 46.85 47.04 46.74 468 500
  MTF CBOE          
  MTF Turquoise          
  MTF Aquis          
20 February 2024 Euronext Brussels 10 000 46.58 46.96 46.28 465 800
  MTF CBOE          
  MTF Turquoise          
  MTF Aquis          
21 February 2024 Euronext Brussels 10 000 46.82 47.00 46.54 468 200
  MTF CBOE          
  MTF Turquoise          
  MTF Aquis          
Total   50 000 46.89 47.72 46.28 2 344 300

On 21 February 2024 after closing of the market, Bekaert holds 2 521 471 own shares, or 4.61% of the total number of the outstanding shares.

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

Attachment

  • p240223E - Bekaert - Update on the Share Buyback Program
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