UK markets closed
  • FTSE 100

    7,018.60
    -140.92 (-1.97%)
     
  • FTSE 250

    17,972.69
    -359.00 (-1.96%)
     
  • AIM

    833.59
    -13.83 (-1.63%)
     
  • GBP/EUR

    1.1189
    -0.0251 (-2.19%)
     
  • GBP/USD

    1.0857
    -0.0398 (-3.54%)
     
  • BTC-GBP

    17,420.86
    -250.28 (-1.42%)
     
  • CMC Crypto 200

    434.61
    -9.92 (-2.23%)
     
  • S&P 500

    3,693.23
    -64.76 (-1.72%)
     
  • DOW

    29,590.41
    -486.27 (-1.62%)
     
  • CRUDE OIL

    79.43
    -4.06 (-4.86%)
     
  • GOLD FUTURES

    1,651.70
    -29.40 (-1.75%)
     
  • NIKKEI 225

    27,153.83
    -159.30 (-0.58%)
     
  • HANG SENG

    17,933.27
    -214.68 (-1.18%)
     
  • DAX

    12,284.19
    -247.44 (-1.97%)
     
  • CAC 40

    5,783.41
    -135.09 (-2.28%)
     

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

·4-min read
Bekaert
Bekaert

Update on the Share Buyback Program and the Liquidity Agreement
Period from 1 September 2022 to 7 September 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 1 September 2022 to 7 September 2022, Kepler Cheuvreux on behalf of Bekaert has bought 64 030 shares.

The table below provides an overview of the transactions under the third tranche of the share buyback program during the period from 1 September 2022 to 7 September 2022:

 

Repurchase of shares

Date

Market

Number of Shares

Average Price paid (€)

Highest Price paid (€)

Lowest Price paid (€)

Total Amount (€)

1 September 2022

Euronext Brussels

7 187

29.55

30.30

29.22

212 376

 

MTF CBOE

4 227

29.57

30.30

29.22

124 992

 

MTF Turquoise

522

29.53

30.10

29.22

15 415

 

MTF Aquis

984

29.56

30.32

29.26

29 087

2 September 2022

Euronext Brussels

7 020

29.87

30.10

29.42

209 687

 

MTF CBOE

4 745

29.87

30.14

29.44

141 733

 

MTF Turquoise

584

29.89

30.10

29.60

17 456

 

MTF Aquis

583

29.87

30.10

29.54

17 414

5 September 2022

Euronext Brussels

7 100

29.39

29.60

29.16

208 669

 

MTF CBOE

4 800

29.39

29.60

29.16

141 072

 

MTF Turquoise

600

29.40

29.54

29.20

17 640

 

MTF Aquis

500

29.40

29.60

29.20

14 700

6 September 2022

Euronext Brussels

7 287

29.53

29.76

29.22

215 185

 

MTF CBOE

4 439

29.52

29.72

29.22

131 039

 

MTF Turquoise

334

29.56

29.70

29.42

9 873

 

MTF Aquis

335

29.53

29.72

29.34

9 893

7 September 2022

Euronext Brussels

7 260

28.75

29.22

28.46

208 725

 

MTF CBOE

4 636

28.75

29.14

28.46

133 285

 

MTF Turquoise

442

28.73

29.10

28.50

12 699

 

MTF Aquis

445

28.75

29.10

28.46

12 794

Total

 

64 030

29.42

30.32

28.46

1 883 734

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 renewed liquidity agreement with Kepler Cheuvreux, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 12 201 shares during the period from 1 September 2022 to 7 September 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 6 406 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 1 September 2022 to 7 September 2022:

 

Purchase of shares

Date

Number of Shares

Average Price (€)

Highest Price (€)

Lowest Price (€)

Total Amount (€)

1 September 2022

4 000

29.94

30.36

29.30

119 760

2 September 2022

500

29.50

29.50

29.50

14 750

5 September 2022

4 000

29.36

29.40

29.20

117 440

6 September 2022

0

0.00

0.00

0.00

0

7 September 2022

3 701

28.95

29.10

28.60

107 144

Total

12 201

359 094


 

Sale of shares

Date

Number of Shares

Average Price (€)

Highest Price (€)

Lowest Price (€)

Total Amount (€)

1 September 2022

0

0.00

0.00

0.00

0

2 September 2022

3 300

30.00

30.08

29.70

99 000

5 September 2022

0

0.00

0.00

0.00

0

6 September 2022

3 105

29.62

29.76

29.50

91 970

7 September 2022

1

29.10

29.10

29.10

29

Total

6 406

190 999

The balance held by Bekaert under the liquidity agreement at the end of the period is 89 966 shares.

On 7 September 2022 after closing of the market, Bekaert holds 3 408 996 own shares, or 5.78% of the total number of the outstanding shares.

Related press release: 2 September 2022: Bekaert renews existing liquidity contract

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

 

Attachment