UK markets closed
  • FTSE 100

    6,893.81
    +12.22 (+0.18%)
     
  • FTSE 250

    17,168.34
    +377.94 (+2.25%)
     
  • AIM

    806.38
    +7.99 (+1.00%)
     
  • GBP/EUR

    1.1383
    +0.0059 (+0.52%)
     
  • GBP/USD

    1.1166
    +0.0043 (+0.38%)
     
  • BTC-GBP

    17,408.27
    -70.06 (-0.40%)
     
  • CMC Crypto 200

    443.49
    +0.06 (+0.01%)
     
  • S&P 500

    3,585.62
    -54.85 (-1.51%)
     
  • DOW

    28,725.51
    -500.10 (-1.71%)
     
  • CRUDE OIL

    79.74
    -1.49 (-1.83%)
     
  • GOLD FUTURES

    1,668.30
    -0.30 (-0.02%)
     
  • NIKKEI 225

    25,937.21
    -484.84 (-1.83%)
     
  • HANG SENG

    17,222.83
    +56.96 (+0.33%)
     
  • DAX

    12,114.36
    +138.81 (+1.16%)
     
  • CAC 40

    5,762.34
    +85.47 (+1.51%)
     

Bekaert - Purchase and sale of shares in the context of the liquidity agreement

·3-min read
Bekaert
Bekaert

Update on the Share Buyback Program and the Liquidity Agreement
Period from 18 August 2022 to 24 August 2022

Share Buyback Program

In the context of the share buyback program of Bekaert, announced on 25 February 2022, the third tranche of €30 million started on 29 July 2022.

Bekaert announces today that during the period from 18 August 2022 to 24 August 2022, Kepler Cheuvreux on behalf of Bekaert has bought 65 000 shares.

The table below provides an overview of the transactions under the third tranche of the share buy back program during the period from 18 August 2022 to 24 August 2022:

 

 

Repurchase of shares

Date

Market

Number of Shares

Average Price paid (€)

Highest Price paid (€)

Lowest Price paid (€)

Total Amount (€)

18 August 2022

Euronext Brussels

7 800

33.29

33.68

33.02

259 647

MTF CBOE

5 200

33.29

33.66

33.04

173 101

MTF Turquoise

-

-

-

-

-

MTF Aquis

-

-

-

-

-

19 August 2022

Euronext Brussels

7 700

32.47

33.00

32.14

250 017

MTF CBOE

5 300

32.47

32.84

32.14

172 091

MTF Turquoise

-

-

-

-

-

MTF Aquis

-

-

-

-

-

22 August 2022

Euronext Brussels

7 900

31.53

32.08

31.32

249 073

MTF CBOE

5 100

31.51

32.00

31.36

160 690

MTF Turquoise

-

-

-

-

-

MTF Aquis

-

-

-

-

-

23 August 2022

Euronext Brussels

8 000

31.48

31.72

31.12

251 829

 

MTF CBOE

5 000

31.48

31.72

31.00

157 423

 

MTF Turquoise

-

-

-

-

-

 

MTF Aquis

-

-

-

-

-

24 August 2022

Euronext Brussels

7 900

31.25

31.60

31.04

246 877

MTF CBOE

5 100

31.24

31.56

31.04

159 301

MTF Turquoise

-

-

-

-

-

MTF Aquis

7 800

33.29

33.68

33.02

259 647

 Total

 

65 000

32.00

33.68

31.00

2 080 049

As announced on 25 February 2022 and 29 July 2022, the purpose of the program is to reduce the issued share capital of the company. All shares repurchased as part of the program will be cancelled.

Liquidity agreement

In the context of the liquidity agreement entered into by Bekaert with Kepler Cheuvreux on 2 September 2021 (see press release of 3 September 2021), Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 10 937 shares during the period from 18 August 2022 to 24 August 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 1 400 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from
18 August 2022 to 24 August 2022:

 

Purchase of shares

Date

Number of Shares

Average Price (€)

Highest Price (€)

Lowest Price (€)

Total Amount (€)

18 August 2022

1 200

33.33

33.35

33.10

39 996

19 August 2022

3 700

32.60

33.00

32.20

120 620

22 August 2022

3 500

31.72

32.10

31.40

111 020

23 August 2022

1 300

31.17

31.28

31.00

40 521

24 August 2022

1 237

31.23

31.40

31.10

38 632

Total

10 937

 -

-

-

350 789




Sale of shares

Date

Number of Shares

Average Price (€)

Highest Price (€)

Lowest Price (€)

Total Amount (€)

18 August 2022

1 400

33.60

33.70

33.40

47 040

19 August 2022

0

0.00

0.00

0.00

0

22 August 2022

0

0.00

0.00

0.00

0

23 August 2022

0

0.00

0.00

0.00

0

24 August 2022

0

0.00

0.00

0.00

0

Total

1 400

-

-

47 040

The balance held by Bekaert under the liquidity agreement at the end of the period is 85 808 shares.

On 24 August 2022 after closing of the market, Bekaert holds 3 277 062 own shares, or 5.55% of the total number of the outstanding shares.

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


Attachment