• Bekaert - Update on the Share Buyback Program

    Source: Nasdaq GlobeNewswire / 15 Sep 2023 01:15:00   America/Chicago

           

    Update on the Share Buyback Program

    Period from 7 September 2023 to 13 September 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 7 September 2023 to 13 September 2023, Kepler Cheuvreux on behalf of Bekaert has bought 61 265 shares.

    The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 7 September 2023 to 13 September 2023:

      Repurchase of shares
    Date Market Number of Shares Average Price paid (€) Highest Price
    paid (€)     		Lowest Price
    paid (€)     		Total
    Amount (€)
    7 September 2023 Euronext Brussels 7 341 43.60 43.92 43.44 320 068
      MTF CBOE 3 124 43.61 43.90 43.46 136 238
      MTF Turquoise 847 43.62 43.88 43.54 36 946
      MTF Aquis 1 020 43.62 43.92 43.48 44 492
    8 September 2023 Euronext Brussels 8 545 43.36 43.78 43.12 370 511
      MTF CBOE 3 465 43.35 43.72 43.14 150 208
      MTF Turquoise 954 43.35 43.74 43.26 41 356
      MTF Aquis 1 085 43.36 43.72 43.22 47 046
    11 September 2023 Euronext Brussels 5 765 43.34 43.64 43.22 249 855
      MTF CBOE 1 229 43.29 43.68 43.22 53 203
      MTF Turquoise 375 43.38 43.58 43.26 16 268
      MTF Aquis 336 43.39 43.54 43.24 14 579
    12 September 2023 Euronext Brussels 10 764 43.12 43.48 43.00 464 144
      MTF CBOE 3 753 43.12 43.48 42.96 161 829
      MTF Turquoise 925 43.12 43.36 42.98 39 886
      MTF Aquis 1 052 43.13 43.50 42.98 45 373
    13 September 2023 Euronext Brussels 6 808 42.51 42.88 42.00 289 408
      MTF CBOE 2 524 42.52 42.88 42.32 107 320
      MTF Turquoise 645 42.50 42.90 42.38 27 413
      MTF Aquis 708 42.50 42.82 42.32 30 090
    Total   61 265 43.19 43.92 42.00 2 646 233

    On 13 September 2023 after closing of the market, Bekaert holds 2 874 658 own shares, or 5.14% 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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