• Bekaert - Update on the Share Buyback Program

    Source: Nasdaq GlobeNewswire / 06 Oct 2023 01:15:00   America/Chicago

           

    Update on the Share Buyback Program

    Period from 28 September 2023 to 4 October 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 28 September 2023 to 4 October 2023, Kepler Cheuvreux on behalf of Bekaert has bought 69 259 shares.

    The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 28 September 2023 to 4 October 2023:

     Repurchase of shares
    DateMarketNumber of SharesAverage Price paid (€)Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    28 September 2023Euronext Brussels5 50941.7442.1441.56229 946
     MTF CBOE1 25641.7842.1441.5052 476
     MTF Turquoise30641.7141.8041.6612 763
     MTF Aquis38541.8042.0041.6816 093
    29 September 2023Euronext Brussels8 62242.4342.6042.06365 831
     MTF CBOE3 53142.4242.6042.06149 785
     MTF Turquoise95342.4342.6042.0840 436
     MTF Aquis1 03842.4242.6042.1244 032
    2 October 2023Euronext Brussels10 35542.5842.7842.42440 916
     MTF CBOE3 91442.6242.8242.40166 815
     MTF Turquoise73142.6642.8242.6031 184
     MTF Aquis1 24242.6142.8242.4852 922
    3 October 2023Euronext Brussels10 25742.4342.6642.18435 205
     MTF CBOE4 57642.4342.6842.22194 160
     MTF Turquoise1 22842.4642.7042.2052 141
     MTF Aquis1 31842.4642.6242.2655 962
    4 October 2023Euronext Brussels8 36542.0442.2441.92351 665
     MTF CBOE3 81142.0342.2441.88160 176
     MTF Turquoise90642.0342.1841.9438 079
     MTF Aquis95642.0442.2041.9640 190
    Total 69 25942.3242.8241.502 930 777

    On 4 October 2023 after closing of the market, Bekaert holds 3 069 136 own shares, or 5.49% 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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