Friday, May 9, 2025
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Bekaert – Update on the Share Buyback Program and Liquidity Agreement

Update on the Share Buyback Program and the Liquidity Agreement

Period from 1 May 2025 to 7 May 2025

Update on the Share Buyback Program
Bekaert announces today that it has completed the second tranche of its € 200 million share buyback program. During the tranche, which started on 28 February 2025 and ended on 7 May 2025, the company repurchased 703 937 ordinary shares for an aggregate consideration of € 24 million.

Bekaert announces today that during the period from 1 May 2025 to 7 May 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 86 529 shares.

The table below provides an overview of the transactions under the Program during the period from 1 May 2025 to 7 May 2025:

  Repurchase of shares
Date Market Number of Shares Average Price paid (€) Highest Price
paid (€)
Lowest Price
paid (€)
Total
Amount (€)
1 May 2025 Euronext Brussels          
  MTF CBOE          
  MTF Turquoise          
  MTF Aquis          
2 May 2025 Euronext Brussels 10 498 34.70 35.05 34.00 364 281
  MTF CBOE 3 502 34.66 34.95 34.30 121 379
  MTF Turquoise          
  MTF Aquis          
5 May 2025 Euronext Brussels 15 163 34.83 35.00 34.55 528 127
  MTF CBOE 7 194 34.82 35.00 34.60 250 495
  MTF Turquoise 1 307 34.81 34.90 34.60 45 497
  MTF Aquis 1 153 34.82 34.95 34.70 40 147
6 May 2025 Euronext Brussels 14 998 34.60 34.95 34.10 518 931
  MTF CBOE 6 930 34.66 34.95 34.20 240 194
  MTF Turquoise 1 299 34.63 34.95 34.25 44 984
  MTF Aquis 1 201 34.68 35.00 34.40 41 651
7 May 2025 Euronext Brussels 14 475 35.30 35.50 34.95 510 968
  MTF CBOE 6 160 35.27 35.45 35.00 217 263
  MTF Turquoise 1 336 35.27 35.50 35.05 47 121
  MTF Aquis 1 313 35.31 35.50 35.00 46 362
Total   86 529 34.87 35.50 34.00 3 017 400

Liquidity agreement
In relation to the renewed liquidity agreement with Kepler Cheuvreux announced on 25 June 2024, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 200 shares during the period from 1 May 2025 to 7 May 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 3 500 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 1 May 2025 to 7 May 2025:

  Purchase of shares
Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€)
1 May 2025 0 0.00 0.00 0.00 0
2 May 2025 200 34.50 34.50 34.50 6 900
5 May 2025 0 0.00 0.00 0.00 0
6 May 2025 0 0.00 0.00 0.00 0
7 May 2025 0 0.00 0.00 0.00 0
Total 200       6 900

  Sale of shares
Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€)
1 May 2025 0 0.00 0.00 0.00 0
2 May 2025 2 000 34.56 35.00 34.20 69 120
5 May 2025 200 35.00 35.00 35.00 7 000
6 May 2025 500 34.86 34.90 34.80 17 430
7 May 2025 800 35.26 35.45 35.00 28 208
Total 3 500       121 758

The balance held by Bekaert under the liquidity agreement at the end of the period is 32 067 shares.

On 7 May 2025 after closing of the market, Bekaert holds 3 235 334 own shares, or 5.96% of the total number of the outstanding shares.

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

 

Attachment

  • p250509E – Bekaert – Update on the Share Buyback Program and the Liquidity Agreement

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