• Bekaert - Update on the Share Buyback Program

    Source: Nasdaq GlobeNewswire / 23 Feb 2024 02:15:00   America/New_York

         

    Update on the Share Buyback Program

    Period from 15 February 2024 to 21 February 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 15 February 2024 to 21 February 2024, Kepler Cheuvreux on behalf of Bekaert has bought 50 000 shares.

    The table below provides an overview of the transactions under the eighth tranche of the Program during the period from 15 February 2024 to 21 February 2024:

     Repurchase of shares
    DateMarketNumber of SharesAverage Price paid (€)Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    15 February 2024Euronext Brussels10 00046.7446.9846.36467 400
     MTF CBOE     
     MTF Turquoise     
     MTF Aquis     
    16 February 2024Euronext Brussels10 00047.4447.7247.20474 400
     MTF CBOE     
     MTF Turquoise     
     MTF Aquis     
    19 February 2024Euronext Brussels10 00046.8547.0446.74468 500
     MTF CBOE     
     MTF Turquoise     
     MTF Aquis     
    20 February 2024Euronext Brussels10 00046.5846.9646.28465 800
     MTF CBOE     
     MTF Turquoise     
     MTF Aquis     
    21 February 2024Euronext Brussels10 00046.8247.0046.54468 200
     MTF CBOE     
     MTF Turquoise     
     MTF Aquis     
    Total 50 00046.8947.7246.282 344 300

    On 21 February 2024 after closing of the market, Bekaert holds 2 521 471 own shares, or 4.61% of the total number of the outstanding shares.

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

    Attachment


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