• Bekaert - Update on the Share Buyback Program

    Source: Nasdaq GlobeNewswire / 22 Dec 2023 02:15:00   America/New_York

            

    Update on the Share Buyback Program

    Period from 14 December 2023 to 20 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 14 December 2023 to 20 December 2023, Kepler Cheuvreux on behalf of Bekaert has bought 49 870 shares.

    The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 14 December 2023 to 20 December 2023:

      Repurchase of shares
    Date Market Number of Shares Average Price paid (€) Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    14 December 2023 Euronext Brussels 10 000 44.42 44.70 44.20 444 200
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    15 December 2023 Euronext Brussels 9 870 44.76 45.06 44.42 441 781
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    18 December 2023 Euronext Brussels 10 000 45.26 45.60 44.58 452 600
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    19 December 2023 Euronext Brussels 10 000 45.73 45.90 45.12 457 300
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    20 December 2023 Euronext Brussels 10 000 45.98 46.24 45.62 459 800
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    Total   49 870 45.23 46.24 44.20 2 255 681

    On 20 December 2023 after closing of the market, Bekaert holds 2 140 762 own shares, or 3.91% 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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