• Bekaert - Update on the Share Buyback Program

    Source: Nasdaq GlobeNewswire / 24 Nov 2023 02:15:00   America/New_York

            

    Update on the Share Buyback Program

    Period from 16 November 2023 to 22 November 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 16 November 2023 to 22 November 2023, Kepler Cheuvreux on behalf of Bekaert has bought 39 342 shares.

    The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 16 November 2023 to 22 November 2023:

      Repurchase of shares
    Date Market Number of Shares Average Price paid (€) Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    16 November 2023 Euronext Brussels
      MTF CBOE
      MTF Turquoise
      MTF Aquis
    17 November 2023 Euronext Brussels 9 950 39.53 40.28 38.40 393 324
      MTF CBOE
      MTF Turquoise
      MTF Aquis
    20 November 2023 Euronext Brussels 10 000 40.68 40.90 40.14 406 800
      MTF CBOE
      MTF Turquoise
      MTF Aquis
    21 November 2023 Euronext Brussels 9 912 40.31 40.68 40.00 399 553
      MTF CBOE
      MTF Turquoise
      MTF Aquis
    22 November 2023 Euronext Brussels 9 480 39.99 40.28 39.76 379 105
      MTF CBOE
      MTF Turquoise
      MTF Aquis
    Total   39 342 40.13 40.90 38.40 1 578 782

    On 22 November 2023 after closing of the market, Bekaert holds 3 138 796 own shares, or 5.62% 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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