• Bekaert - Update on the Share Buyback Program

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

            

    Update on the Share Buyback Program

    Period from 7 December 2023 to 13 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 7 December 2023 to 13 December 2023, Kepler Cheuvreux on behalf of Bekaert has bought 49 459 shares.

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

      Repurchase of shares
    Date Market Number of Shares Average Price paid (€) Highest Price
    paid (€)
    Lowest Price
    paid (€)
    Total
    Amount (€)
    7 December 2023 Euronext Brussels 9 000 42.77 43.22 41.90 384 930
      MTF CBOE 917 42.81 43.06 42.34 39 257
      MTF Turquoise          
      MTF Aquis          
    8 December 2023 Euronext Brussels 9 924 43.41 43.62 43.00 430 801
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    11 December 2023 Euronext Brussels 10 000 43.59 43.78 43.38 435 900
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    12 December 2023 Euronext Brussels 9 618 43.63 43.84 43.32 419 633
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    13 December 2023 Euronext Brussels 10 000 43.59 43.94 43.36 435 900
      MTF CBOE          
      MTF Turquoise          
      MTF Aquis          
    Total   49 459 43.40 43.94 41.90 2 146 421

    On 13 December 2023 after closing of the market, Bekaert holds 3 267 805 own shares, or 5.85% 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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