• Bekaert - Update on the Share Buyback Program

    المصدر: Nasdaq GlobeNewswire / 08 ديسمبر 2023 01:15:00   America/Chicago

     

    Update on the Share Buyback Program

    Period from 30 November 2023 to 6 December 2023

    On 28 July 2023, Bekaert announced the start of the seventh tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Seventh 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 30 November 2023 to 6 December 2023, Kepler Cheuvreux on behalf of Bekaert has bought 49 735 shares.

    The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 30 November 2023 to 6 December 2023:

      Repurchase of shares
    Date Market Number of Shares Average Price paid (€) Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    30 November 2023 Euronext Brussels 8 947 42.77 42.96 42.44 382 663
      MTF CBOE 1 000 42.78 43.00 42.56 42 780
      MTF Turquoise          
      MTF Aquis          
    1 December 2023 Euronext Brussels 9 000 43.42 43.62 43.10 390 780
      MTF CBOE 937 43.41 43.60 43.18 40 675
      MTF Turquoise          
      MTF Aquis          
    4 December 2023 Euronext Brussels 9 851 43.13 43.36 42.92 424 874
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    5 December 2023 Euronext Brussels 10 000 43.24 43.40 42.92 432 400
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    6 December 2023 Euronext Brussels 10 000 43.41 43.58 43.20 434 100
      MTF CBOE          
      MTF Turquoise
      MTF Aquis
    Total   49 735 43.19 43.62 42.44 2 148 272

    On 6 December 2023 after closing of the market, Bekaert holds 3 225 846 own shares, or 5.77% 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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