• Bekaert - Update on the Share Buyback Program

    المصدر: Nasdaq GlobeNewswire / 19 يناير 2024 02:15:00   America/New_York

            

    Update on the Share Buyback Program

    Period from 11 January 2024 to 17 January 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 11 January 2024 to 17 January 2024, Kepler Cheuvreux on behalf of Bekaert has bought 49 471 shares.

    The table below provides an overview of the transactions under the eighth of the Program during the period from 11 January 2024 to 17 January 2024:

      Repurchase of shares
    Date Market Number of Shares Average Price paid (€) Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    11 January 2024 Euronext Brussels 10 000 44.47 44.78 44.12 444 700
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    12 January 2024 Euronext Brussels 9 987 45.41 45.66 45.04 453 510
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    15 January 2024 Euronext Brussels 10 000 45.49 45.84 45.26 454 900
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    16 January 2024 Euronext Brussels 10 000 44.73 45.12 44.44 447 300
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    17 January 2024 Euronext Brussels 9 484 44.15 44.50 43.68 418 719
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    Total   49 471 44.86 45.84 43.68 2 219 129

    On 17 January 2024 after closing of the market, Bekaert holds 2 274 858 own shares, or 4.15% of the total number of the outstanding shares.

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

     

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