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Bekaert - Update on the Share Buyback Program and the Liquidity Agreement

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Bekaert
Bekaert


Update on the Share Buyback Program and the Liquidity Agreement
Period from 14 April 2022 to 20 April 2022

Share Buyback Program

In the context of the share buyback program of Bekaert, announced on 25 February 2022, the first tranche of €30 million started on 18 March 2022.

Bekaert announces today that during the period from 14 April 2022 to 20 April 2022, Kepler Cheuvreux on behalf of Bekaert has bought 69 105 shares.

The table below provides an overview of the transactions under the first tranche of the share buy back program during the period from 14 April 2022 and 20 April 2022:



Repurchase of shares

Date

Market

Number of Shares

Average Price paid (€)

Highest Price paid (€)

Lowest Price paid (€)

Total Amount (€)

14 April 2022

Euronext Brussels

11 415

35.28

35.70

34.84

402 721

MTF CBOE

8 354

35.24

35.66

34.84

294 395

MTF Tuquoise

1 019

35.26

35.68

34.88

35 930

MTF Aquis

2 107

35.26

35.64

34.94

74 293

15 April 2022

Euronext Brussels

-

-

-

-

-

MTF CBOE

-

-

-

-

-

MTF Turquoise

-

-

-

-

-

MTF Aquis

-

-

-

-

-

18 April 2022

Euronext Brussels

-

-

-

-

-

MTF CBOE

-

-

-

-

-

MTF Turquoise

-

-

-

-

-

MTF Aquis

-

-

-

-

-

19 April 2022

Euronext Brussels

11 432

35.06

35.32

34.82

400 806

MTF CBOE

8 874

35.05

35.36

34.76

311 034

MTF Turquoise

1 138

35.05

35.28

34.78

39 887

MTF Aquis

2 114

35.07

35.32

34.86

74 138

20 April 2022

Euronext Brussels

10 602

35.60

35.88

35.18

377 431

MTF CBOE

8 853

35.64

35.88

35.16

315 521

MTF Turquoise

1 108

35.64

35.88

35.38

39 489

MTF Aquis

2 089

35.65

35.88

35.36

74 473

Total

69 105

35.31

35.88

34.76

2 440 118

As announced on 25 February 2022 and 18 March 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 1 600 shares during the period from 14 April 2022 to 20 April 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 5 800 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 14 April 2022 to 20 April 2022:



Purchase of shares

Date

Number of Shares

Average Price (€)

Highest Price (€)

Lowest Price (€)

Total Amount (€)

14 April 2022

0

0.00

0.00

0.00

0

15 April 2022

0

0.00

0.00

0.00

0

18 April 2022

0

0.00

0.00

0.00

0

19 April 2022

1 600

34.97

35.20

34.80

55 952

20 April 2022

0

0.00

0.00

0.00

0

Total

1 600

-

-

-

55 952




Sale of shares

Date

Number of Shares

Average Price (€)

Highest Price (€)

Lowest Price (€)

Total Amount (€)

14 April 2022

2 400

35.18

35.30

35.00

84 432

15 April 2022

0

0.00

0.00

0.00

0

18 April 2022

0

0.00

0.00

0.00

0

19 April 2022

0

0.00

0.00

0.00

0

20 April 2022

3 400

35.69

35.90

35.40

121 346

Total

5 800

-

-

-

205 778

The balance held by Bekaert under the liquidity agreement at the end of the period is 70 732 shares.

On 20 April 2022 after closing of the market, Bekaert holds 3 395 025 own shares, or 5.62 % of the total number of the outstanding shares.


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

Attachment


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