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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 19 May 2022 to 25 May 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 19 May 2022 to 25 May 2022, Kepler Cheuvreux on behalf of Bekaert has bought 101 394 shares.

The table below provides an overview of the transactions under the second tranche of the share buy back program during the period from 19 May 2022 and 25 May 2022:

 

 

Repurchase of shares

Date

Market

Number of Shares

Average Price paid (€)

Highest Price paid (€)

Lowest Price paid (€)

Total Amount (€)

19 May 2022

Euronext Brussels

9 184

35.28

35.64

34.88

324 012

MTF CBOE

8 737

35.26

35.64

34.88

308 067

MTF Tuquoise

1 111

35.25

35.68

34.86

39 163

MTF Aquis

1 851

35.26

35.62

34.88

65 266

20 May 2022

Euronext Brussels

9 041

36.12

36.64

35.58

326 561

MTF CBOE

8 707

36.10

36.56

35.56

314 323

MTF Turquoise

1 199

36.10

36.58

35.56

43 284

MTF Aquis

1 901

36.10

36.56

35.56

68 626

23 May 2022

Euronext Brussels

8 948

36.15

36.42

35.86

323 470

MTF CBOE

8 337

36.16

36.44

35.88

301 466

MTF Turquoise

1 077

36.17

36.52

36.00

38 955

MTF Aquis

1 858

36.15

36.44

35.94

67 167

24 May 2022

Euronext Brussels

8 819

35.95

36.34

35.44

317 043

MTF CBOE

8 353

35.94

36.34

35.42

300 207

MTF Turquoise

1 069

35.93

36.22

35.44

38 409

MTF Aquis

1 892

35.94

36.30

35.44

67 998

25 May 2022

Euronext Brussels

8 507

35.82

36.54

35.48

304 721

MTF CBOE

7 977

35.84

36.52

35.52

285 896

MTF Turquoise

1 052

35.91

36.54

35.58

37 777

MTF Aquis

1 774

35.85

36.44

35.46

63 598

Total

 

101 394

35.86

36.64

34.86

3 636 008

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 6 300 shares during the period from 19 May 2022 to 25 May 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 9 219 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 19 May 2022 to 25 May 2022:

 

Purchase of shares

Date

Number of Shares

Average Price (€)

Highest Price (€)

Lowest Price (€)

Total Amount (€)

19 May 2022

2 900

35.12

35.36

34.90

101 848

20 May 2022

400

35.50

35.50

35.50

14 200

23 May 2022

0

0.00

0.00

0.00

0

24 May 2022

3 000

35.49

35.74

35.30

106 470

25 May 2022

0

0.00

0.00

0.00

0

Total

6 300

 -

-

-

222 518




Sale of shares

Date

Number of Shares

Average Price (€)

Highest Price (€)

Lowest Price (€)

Total Amount (€)

19 May 2022

0

0.00

0.00

0.00

0

20 May 2022

4 000

36.39

36.60

36.18

145 560

23 May 2022

1 700

36.14

36.40

36.00

61 438

24 May 2022

400

36.40

36.40

36.40

14 560

25 May 2022

3 119

36.47

36.56

36.40

113 750

Total

9 219

-

-

335 308

The balance held by Bekaert under the liquidity agreement at the end of the period is 70 744 shares.

On 25 May 2022 after closing of the market, Bekaert holds 3 843 635 own shares, or 6.36 % of the total number of the outstanding shares.

Attachment


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