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

        

Update on the Share Buyback Program and the Liquidity Agreement

Period from 13 July 2023 to 19 July 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 13 July 2023 to 19 July 2023, Kepler Cheuvreux on behalf of Bekaert has bought 62 421 shares.

The table below provides an overview of the transactions under the sixth tranche of the Program during the period from 13 July 2023 to 19 July 2023:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
13 July 2023	Euronext Brussels	5 971	44.86	45.16	44.52	267 859
	MTF CBOE	3 923	44.89	45.16	44.58	176 103
	MTF Turquoise	991	44.89	45.10	44.54	44 486
	MTF Aquis	1 106	44.91	45.16	44.60	49 670
14 July 2023	Euronext Brussels	5 943	43.85	45.04	42.84	260 601
	MTF CBOE	4 217	43.83	45.00	42.80	184 831
	MTF Turquoise	1 095	43.83	45.00	42.92	47 994
	MTF Aquis	1 105	43.86	45.06	42.98	48 465
17 July 2023	Euronext Brussels	6 102	42.90	43.10	42.48	261 776
	MTF CBOE	4 325	42.92	43.10	42.48	185 629
	MTF Turquoise	1 178	42.91	43.06	42.54	50 548
	MTF Aquis	1 142	42.93	43.08	42.52	49 026
18 July 2023	Euronext Brussels	6 113	43.42	43.84	43.02	265 426
	MTF CBOE	4 117	43.40	43.78	43.12	178 678
	MTF Turquoise	1 001	43.39	43.64	43.18	43 433
	MTF Aquis	1 104	43.41	43.76	43.18	47 925
19 July 2023	Euronext Brussels	6 093	43.76	44.02	43.22	266 630
	MTF CBOE	4 591	43.76	43.98	43.24	200 902
	MTF Turquoise	1 187	43.80	43.98	43.24	51 991
	MTF Aquis	1 117	43.80	44.02	43.22	48 925
Total		62 421	43.75	45.16	42.48	2 730 898

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 12 700 shares during the period from 13 July 2023 to 19 July 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 8 078 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 13 July 2023 to 19 July 2023:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
13 July 2023	500	44.70	44.70	44.70	22 350
14 July 2023	7 000	43.63	45.10	42.80	305 410
17 July 2023	3 200	42.73	42.90	42.60	136 736
18 July 2023	0	0.00	0.00	0.00	0
19 July 2023	2 000	43.56	43.80	43.20	87 120
Total	12 700				551 616

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
13 July 2023	2 100	44.96	45.06	44.80	94 416
14 July 2023	0	0.00	0.00	0.00	0
17 July 2023	1 378	43.00	43.00	43.00	59 254
18 July 2023	3 800	43.45	43.80	43.10	165 110
19 July 2023	800	43.95	44.00	43.90	35 160
Total	8 078				353 940

The balance held by Bekaert under the liquidity agreement at the end of the period is 45 343 shares.

On 19 July 2023 after closing of the market, Bekaert holds 2 450 083 own shares, or 4.38% of the total number of the outstanding shares.

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

 

Attachment

• p230721E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement