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

         Update on the Share Buyback Program and the Liquidity Agreement Period from 13 July 2023 to 19 July 2023 Share Buyback ProgramOn 10 May 2023 , Bekaert announced the start of the sixth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Sixth Tranche). 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.Bekaert announces today that during the...

Zwevegem, 21/07/2023 (informazione.news - comunicati stampa - industria)

        

Update on the Share Buyback Program and the Liquidity Agreement

Period from 13 July 2023 to 19 July 2023

Share Buyback Program
On 10 May 2023 , Bekaert announced the start of the sixth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Sixth Tranche). 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.

Bekaert announces today that during the period from 13 July 2023 to 19 July 2023, Kepler Cheuvreux on behalf of Bekaert has bought 62 421 shares.

The table below provides an overview of the transactions under the sixth tranche of the Program during the period from 13 July 2023 to 19 July 2023:

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 12 700 shares during the period from 13 July 2023 to 19 July 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 8 078 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 13 July 2023 to 19 July 2023:

The balance held by Bekaert under the liquidity agreement at the end of the period is 45 343 shares.

On 19 July 2023 after closing of the market, Bekaert holds 2 450 083 own shares, or 4.38% of the total number of the outstanding shares.

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

 

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