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

       

Update on the Share Buyback Program and the Liquidity Agreement

Period from 20 April 2023 to 26 April 2023

Share Buyback Program
On 1 March 2023, Bekaert announced the continuation of its program to buy back own shares for an additional amount of up to € 120 million (the "Program") and the immediate start of a fifth tranche of the Program for an aggregate amount of up to € 30 million. 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 20 April 2023 to 26 April 2023, Kepler Cheuvreux on behalf of Bekaert has bought 54 151 shares.

The table below provides an overview of the transactions under the fourth tranche of the Program during the period from 20 April 2023 to 26 April 2023:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
20 April 2023	Euronext Brussels	6 240	42.61	43.00	42.28	265 886
	MTF CBOE	4 038	42.59	42.96	42.32	171 978
	MTF Turquoise	833	42.49	42.92	42.32	35 394
	MTF Aquis	863	42.65	42.94	42.38	36 807
21 April 2023	Euronext Brussels	6 018	41.72	42.46	41.36	251 071
	MTF CBOE	4 217	41.74	42.42	41.28	176 018
	MTF Turquoise	802	41.40	42.28	41.32	33 203
	MTF Aquis	1 354	41.73	42.34	41.34	56 502
24 April 2023	Euronext Brussels	6 700	41.67	41.88	41.42	279 189
	MTF CBOE	4 746	41.66	41.88	41.46	197 718
	MTF Turquoise	798	41.65	41.88	41.46	33 237
	MTF Aquis	1 552	41.66	41.88	41.46	64 656
25 April 2023	Euronext Brussels	2 241	41.36	41.62	41.10	92 688
	MTF CBOE	1 683	41.36	41.62	41.12	69 609
	MTF Turquoise	792	41.55	41.64	41.14	32 908
	MTF Aquis	1 501	41.51	41.62	41.12	62 307
26 April 2023	Euronext Brussels	4 642	41.53	41.70	41.12	192 782
	MTF CBOE	3 422	41.53	41.70	41.12	142 116
	MTF Turquoise	582	41.53	41.70	41.14	24 170
	MTF Aquis	1 127	41.54	41.68	41.14	46 816
Total		54 151	41.83	43.00	41.10	2 265 055

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 7 600 shares during the period from 20 April 2023 to 26 April 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 3 900 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 20 April 2023 to 26 April 2023:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
20 April 2023	1 200	42.60	42.80	42.40	51 120
21 April 2023	2 400	41.97	42.50	41.30	100 728
24 April 2023	1 200	41.50	41.60	41.40	49 800
25 April 2023	1 592	41.25	41.40	41.20	65 670
26 April 2023	1 208	41.27	41.40	41.20	49 854
Total	7 600				317 172

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
20 April 2023	0	0.00	0.00	0.00	0
21 April 2023	0	0.00	0.00	0.00	0
24 April 2023	0	0.00	0.00	0.00	0
25 April 2023	1 700	41.55	41.70	41.40	70 635
26 April 2023	2 200	41.51	41.64	41.40	91 322
Total	3 900				161 957

The balance held by Bekaert under the liquidity agreement at the end of the period is 37 292 shares.

On 26 April 2023 after closing of the market, Bekaert holds 2 986 118 own shares, or 5.24% of the total number of the outstanding shares.

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

Attachment

• p230428E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement