UK markets closed
  • FTSE 100

    7,901.80
    +81.64 (+1.04%)
     
  • FTSE 250

    20,593.46
    -21.23 (-0.10%)
     
  • AIM

    889.79
    +1.03 (+0.12%)
     
  • GBP/EUR

    1.1163
    -0.0042 (-0.37%)
     
  • GBP/USD

    1.2056
    -0.0173 (-1.41%)
     
  • BTC-GBP

    19,400.57
    -212.65 (-1.08%)
     
  • CMC Crypto 200

    535.42
    -1.43 (-0.27%)
     
  • S&P 500

    4,136.48
    -43.28 (-1.04%)
     
  • DOW

    33,926.01
    -127.93 (-0.38%)
     
  • CRUDE OIL

    73.23
    -2.65 (-3.49%)
     
  • GOLD FUTURES

    1,865.90
    -50.40 (-2.63%)
     
  • NIKKEI 225

    27,509.46
    +107.41 (+0.39%)
     
  • HANG SENG

    21,660.47
    -297.89 (-1.36%)
     
  • DAX

    15,476.43
    -32.76 (-0.21%)
     
  • CAC 40

    7,233.94
    +67.67 (+0.94%)
     

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

Bekaert
Bekaert

Update on the Share Buyback Program and the Liquidity Agreement
Period from 29 December 2022 to 4 January 2023

Share Buyback Program

On 25 February 2022, Bekaert announced a € 120 million program to buy back its own shares (the "Program"). The Program was split into four equal tranches of € 30 million and all shares bought as part of the Program will be cancelled. The purpose of the Program is to reduce the issued share capital of the company.

The fourth and last tranche of the Program started on 18 November 2022.

Bekaert announces today that during the period from 29 December 2022 to 4 January 2023, Kepler Cheuvreux on behalf of Bekaert has bought 71 339 shares.

The table below provides an overview of the transactions under the fourth tranche of the Program during the period from 29 December 2022 to 4 January 2023:

 

Repurchase of shares

Date

Market

Number of Shares

Average Price paid (€)

Highest Price paid (€)

Lowest Price paid (€)

Total Amount (€)

29 December 2022

Euronext Brussels

6 521

36.08

36.40

35.56

235 278

 

MTF CBOE

2 101

36.11

36.26

35.80

75 867

 

MTF Turquoise

691

36.10

36.42

35.82

24 945

 

MTF Aquis

904

36.14

36.40

35.80

32 671

30 December 2022

Euronext Brussels

8 607

36.36

36.58

36.26

312 951

 

MTF CBOE

6 365

36.36

36.58

36.28

231 431

 

MTF Turquoise

1 032

36.38

36.58

36.32

37 544

 

MTF Aquis

1 840

36.38

36.56

36.30

66 939

2 January 2023

Euronext Brussels

8 266

37.14

37.26

36.76

306 999

 

MTF CBOE

5 548

37.14

37.40

36.72

206 053

 

MTF Turquoise

923

37.13

37.24

36.72

34 271

 

MTF Aquis

1 651

37.13

37.26

36.72

61 302

3 January 2023

Euronext Brussels

8 195

37.69

37.92

37.34

308 870

 

MTF CBOE

5 393

37.69

37.94

37.38

203 262

 

MTF Turquoise

979

37.72

37.94

37.40

36 928

 

MTF Aquis

1 736

37.71

37.92

37.44

65 465

4 January 2023

Euronext Brussels

5 380

38.32

38.54

37.92

206 162

 

MTF CBOE

2 469

38.30

38.54

37.96

94 563

 

MTF Turquoise

965

38.34

38.50

38.02

36 998

 

MTF Aquis

1 773

38.35

38.52

37.94

67 995

Total

 

71 339

37.10

38.54

35.56

2 646 494

Liquidity agreement

In relation to the renewed liquidity agreement with Kepler Cheuvreux announced on 2 September 2022, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 1 075 shares during the period from 29 December 2022 to 4 January 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 11 000 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from
29 December 2022 to 4 January 2023:

 

Purchase of shares

Date

Number of Shares

Average Price (€)

Highest Price (€)

Lowest Price (€)

Total Amount (€)

29 December 2022

875

35.80

35.90

35.70

31 325

30 December 2022

0

0.00

0.00

0.00

0

2 January 2023

0

0.00

0.00

0.00

0

3 January 2023

200

37.20

37.20

37.20

7 440

4 January 2023

0

0.00

0.00

0.00

0

Total

1 075

38 765


 

Sale of shares

Date

Number of Shares

Average Price (€)

Highest Price (€)

Lowest Price (€)

Total Amount (€)

29 December 2022

800

36.05

36.20

35.90

28 840

30 December 2022

400

36.50

36.50

36.50

14 600

2 January 2023

3 400

37.20

37.40

36.80

126 480

3 January 2023

2 800

37.69

37.90

37.30

105 532

4 January 2023

3 600

38.26

38.54

37.98

137 736

Total

11 000

413 188

The balance held by Bekaert under the liquidity agreement at the end of the period is 50 937 shares.

On 4 January 2023 after closing of the market, Bekaert holds 4 416 598 own shares, or 7.48% of the total number of the outstanding shares.

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

Attachment