Update on the Share Buyback Program and the Liquidity Agreement
Period from 23Â January 2025 to 29Â January 2025
Share Buyback Program
On 22 November 2024, Bekaert announced the start of the first tranche of its share buyback program, for a total maximum consideration of up to € 25 million (the First Tranche). As announced previously, the purpose of the Program is to cancel all shares repurchased.
Bekaert announces today that during the period from 23Â January 2025 to 29Â January 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 51Â 335 shares.
The table below provides an overview of the transactions under the First Tranche of the Program during the period from 23 January 2025 to 29 January 2025:
| Â | Repurchase of shares | |||||
| Date | Market | Number of Shares | Average Price paid (€) | Highest Price paid (€) |
Lowest Price paid (€) |
Total Amount (€) |
| 23 January 2025 | Euronext Brussels | 8Â 000 | 33.23 | 33.38 | 33.02 | 265Â 840 |
| Â | MTF CBOE | 4Â 000 | 33.24 | 33.34 | 33.06 | 132Â 960 |
| Â | MTF Turquoise | Â | Â | Â | Â | Â |
| Â | MTF Aquis | Â | Â | Â | Â | Â |
| 24 January 2025 | Euronext Brussels | 7Â 335 | 33.44 | 33.80 | 33.16 | 245Â 282 |
| Â | MTF CBOE | 4Â 000 | 33.43 | 33.72 | 33.14 | 133Â 720 |
| Â | MTF Turquoise | Â | Â | Â | Â | Â |
| Â | MTF Aquis | Â | Â | Â | Â | Â |
| 27 January 2025 | Euronext Brussels | 9Â 000 | 33.37 | 33.54 | 33.08 | 300Â 330 |
| Â | MTF CBOE | 3Â 000 | 33.42 | 33.54 | 33.22 | 100Â 260 |
| Â | MTF Turquoise | Â | Â | Â | Â | Â |
| Â | MTF Aquis | Â | Â | Â | Â | Â |
| 28 January 2025 | Euronext Brussels | 6Â 000 | 33.44 | 33.64 | 33.24 | 200Â 640 |
| Â | MTF CBOE | 2Â 000 | 33.44 | 33.70 | 33.24 | 66Â 880 |
| Â | MTF Turquoise | Â | Â | Â | Â | Â |
| Â | MTF Aquis | Â | Â | Â | Â | Â |
| 29 January 2025 | Euronext Brussels | 6Â 000 | 33.13 | 33.40 | 32.92 | 198Â 800 |
| Â | MTF CBOE | 2Â 000 | 33.13 | 33.38 | 32.86 | 66Â 260 |
| Â | MTF Turquoise | Â | Â | Â | Â | Â |
| Â | MTF Aquis | Â | Â | Â | Â | Â |
| Total | Â | 51Â 335 | 33.33 | 33.80 | 32.86 | 1Â 710Â 973 |
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 4Â 050 shares during the period from 23Â January 2025 to 29Â January 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 2Â 150 shares on Euronext Brussels.
The tables below provide an overview of the transactions under the liquidity agreement during the period from 23Â January 2025 to 29Â January 2025:
| Â | Purchase of shares | ||||
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) |
| 23 January 2025 | 300 | 33.18 | 33.18 | 33.18 | 9Â 954 |
| 24 January 2025 | 906 | 33.29 | 33.34 | 33.10 | 30Â 161 |
| 27 January 2025 | 744 | 33.00 | 33.00 | 33.00 | 24Â 552 |
| 28 January 2025 | 1Â 000 | 33.18 | 33.18 | 33.16 | 33Â 180 |
| 29 January 2025 | 1Â 100 | 32.99 | 33.10 | 32.90 | 36Â 289 |
| Total | 4Â 050 | Â | Â | Â | 134Â 136 |
| Â | Sale of shares | ||||
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) |
| 23 January 2025 | 0 | 0.00 | 0.00 | 0.00 | 0 |
| 24 January 2025 | 750 | 33.67 | 33.80 | 33.50 | 25Â 253 |
| 27 January 2025 | 500 | 33.46 | 33.46 | 33.46 | 16Â 730 |
| 28 January 2025 | 300 | 33.60 | 33.60 | 33.60 | 10Â 080 |
| 29 January 2025 | 600 | 33.35 | 33.40 | 33.30 | 20Â 010 |
| Total | 2Â 150 | Â | Â | Â | 72Â 073 |
The balance held by Bekaert under the liquidity agreement at the end of the period is 42Â 305 shares.
On 29Â January 2025 after closing of the market, Bekaert holds 2Â 464Â 714 own shares, or 4.54% of the total number of the outstanding shares.
This information is also made available on the investor relations pages of our website.
Attachment
- p250131E – Bekaert – Update on the Share Buyback Program and the Liquidity Agreement
