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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 16 June 2022 to 22 June 2022

Share Buyback Program

In the context of the share buyback program of Bekaert, announced on 25 February 2022, the second tranche of €30 million started on 11 May 2022.

Bekaert announces today that during the period from 16 June 2022 to 22 June 2022, Kepler Cheuvreux on behalf of Bekaert has bought 97 185 shares.

The table below provides an overview of the transactions under the second tranche of the share buy back program during the period from 16 June 2022 and 22 June 2022:

 

 

Repurchase of shares

Date

Market

Number of Shares

Average Price paid (€)

Highest Price paid (€)

Lowest Price paid (€)

Total Amount (€)

16 June 2022

XBRU

8 794

33.29

34.52

32.36

292 752

CEUX

7 082

33.31

34.52

32.40

235 901

TQEX

1 044

33.43

34.28

33.20

34 901

AQEU

1 881

33.23

34.52

32.36

62 506

17 June 2022

XBRU

9 103

32.97

33.34

32.48

300 126

CEUX

7 375

32.97

33.32

32.54

243 154

TQEX

1 133

32.99

33.10

32.84

37 378

AQEU

1 930

32.99

33.20

32.74

63 671

20 June 2022

XBRU

9 214

33.29

33.54

32.82

306 734

CEUX

6 685

33.25

33.50

32.72

222 276

TQEX

946

33.26

33.54

32.80

31 464

AQEU

1 715

33.28

33.54

32.80

57 075

21 June 2022

XBRU

9 703

34.09

34.42

33.64

330 775

CEUX

7 530

34.13

34.42

33.74

256 999

TQEX

1 165

34.11

34.34

33.80

39 738

AQEU

1 926

34.11

34.34

33.82

65 696

22 June 2022

XBRU

9 598

33.03

33.40

32.62

317 022

CEUX

7 400

33.03

33.40

32.58

244 422

TQEX

1 129

33.05

33.40

32.70

37 313

AQEU

1 832

33.05

33.40

32.80

60 548

 Total

 

97 185

33.34

34.52

32.36

3 240 451

As announced on 25 February 2022 and 11 May 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 9 100 shares during the period from 16 June 2022 to 22 June 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 4 900 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 16 June 2022 to 22 June 2022:

 

Purchase of shares

Date

Number of Shares

Average Price (€)

Highest Price (€)

Lowest Price (€)

Total Amount (€)

16 June 2022

4 000

33.16

34.20

32.38

132 640

17 June 2022

300

32.50

32.50

32.50

9 750

20 June 2022

800

32.90

33.00

32.80

26 320

21 June 2022

0

0.00

0.00

0.00

0

22 June 2022

4 000

33.03

33.28

32.60

132 120

Total

9 100

-

-

-

300 830




Sale of shares

Date

Number of Shares

Average Price (€)

Highest Price (€)

Lowest Price (€)

Total Amount (€)

16 June 2022

0

0.00

0.00

0.00

0

17 June 2022

2 000

33.09

33.10

33.08

66 180

20 June 2022

1 000

33.45

33.50

33.40

33 450

21 June 2022

1 900

34.18

34.40

34.00

64 942

22 June 2022

0

0.00

0.00

0.00

0

Total

4 900

-

-

-

164 572

The balance held by Bekaert under the liquidity agreement at the end of the period is 77 522 shares.

On 22 June 2022 after closing of the market, Bekaert holds 4 209 447 own shares, or 6.96 % of the total number of the outstanding shares.


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