• Bekaert - Update on the Share Buyback Program and the Liquidity Agreement

    المصدر: Nasdaq GlobeNewswire / 26 مايو 2023 02:15:00   America/New_York

            

    Update on the Share Buyback Program and the Liquidity Agreement

    Period from 18 May 2023 to 24 May 2023

    Share Buyback Program
    On 10 May 2023, Bekaert announced the start of the sixth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Sixth 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 18 May 2023 to 24 May 2023, Kepler Cheuvreux on behalf of Bekaert has bought 64 821 shares.

    The table below provides an overview of the transactions under the sixth tranche of the Program during the period from 18 May 2023 to 24 May 2023:

     Repurchase of shares
    DateMarketNumber of SharesAverage Price paid (€)Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    18 May 2023Euronext Brussels5 91041.3941.5641.20244 600
     MTF CBOE4 33041.4141.5841.20179 315
     MTF Turquoise82741.4041.4841.2234 239
     MTF Aquis80441.3941.5041.2233 274
    19 May 2023Euronext Brussels7 41641.6841.8241.42309 076
     MTF CBOE4 36141.6741.8841.48181 728
     MTF Turquoise82341.6741.8441.4834 298
     MTF Aquis1 09741.6841.8641.4645 724
    22 May 2023Euronext Brussels6 65240.9841.2840.78272 607
     MTF CBOE3 54040.9941.3040.76145 116
     MTF Turquoise65540.9741.3040.7826 837
     MTF Aquis92141.0041.3040.7637 760
    23 May 2023Euronext Brussels7 60740.5240.9040.14308 203
     MTF CBOE4 29340.5440.9040.14174 039
     MTF Turquoise79940.5440.9840.1632 390
     MTF Aquis1 12040.5140.9840.1445 373
    24 May 2023Euronext Brussels7 45639.7840.1039.48296 576
     MTF CBOE4 28639.7940.1039.46170 530
     MTF Turquoise82339.7940.0039.5632 750
     MTF Aquis1 10139.7940.0439.4643 808
    Total 64 82140.8541.8839.462 648 243

    Liquidity agreement

    In relation to the renewed liquidity agreement with Kepler Cheuvreux announced on 2 September 2022, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 9 327 shares during the period from 18 May 2023 to 24 May 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 2 400 shares on Euronext Brussels.

    The tables below provide an overview of the transactions under the liquidity agreement during the period from 18 May 2023 to 24 May 2023:

     Purchase of shares
    DateNumber of SharesAverage Price (€)Highest Price (€)Lowest Price (€)Total Amount (€)
    18 May 202300.000.000.000
    19 May 20231 00041.3241.3241.3241 320
    22 May 20232 31041.0341.3040.8094 779
    23 May 20233 99740.3840.8040.10161 399
    24 May 20232 02039.7439.8639.5080 275
    Total9 327   377 773


     Sale of shares
    DateNumber of SharesAverage Price (€)Highest Price (€)Lowest Price (€)Total Amount (€)
    18 May 20231 20041.4041.5041.3049 680
    19 May 20231 20041.6741.8041.6050 004
    22 May 202300.000.000.000
    23 May 202300.000.000.000
    24 May 202300.000.000.000
    Total2 400   99 684

    The balance held by Bekaert under the liquidity agreement at the end of the period is 52 519 shares.

    On 24 May 2023 after closing of the market, Bekaert holds 3 142 893 own shares, or 5.51% of the total number of the outstanding shares.

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

    Attachment


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