Update on the Share Buyback Program
Period from 14 December 2023 to 20 December 2023
On 28 July 2023, Bekaert announced the start of the seventh tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Seventh 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 14 December 2023 to 20 December 2023, Kepler Cheuvreux on behalf of Bekaert has bought 49 870 shares.
The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 14 December 2023 to 20 December 2023:
Repurchase of shares | ||||||
Date | Market | Number of Shares | Average Price paid (€) | Highest Price paid (€) | Lowest Price paid (€) | Total Amount (€) |
14 December 2023 | Euronext Brussels | 10 000 | 44.42 | 44.70 | 44.20 | 444 200 |
MTF CBOE | ||||||
MTF Turquoise | ||||||
MTF Aquis | ||||||
15 December 2023 | Euronext Brussels | 9 870 | 44.76 | 45.06 | 44.42 | 441 781 |
MTF CBOE | ||||||
MTF Turquoise | ||||||
MTF Aquis | ||||||
18 December 2023 | Euronext Brussels | 10 000 | 45.26 | 45.60 | 44.58 | 452 600 |
MTF CBOE | ||||||
MTF Turquoise | ||||||
MTF Aquis | ||||||
19 December 2023 | Euronext Brussels | 10 000 | 45.73 | 45.90 | 45.12 | 457 300 |
MTF CBOE | ||||||
MTF Turquoise | ||||||
MTF Aquis | ||||||
20 December 2023 | Euronext Brussels | 10 000 | 45.98 | 46.24 | 45.62 | 459 800 |
MTF CBOE | ||||||
MTF Turquoise | ||||||
MTF Aquis | ||||||
Total | 49 870 | 45.23 | 46.24 | 44.20 | 2 255 681 |
On 20 December 2023 after closing of the market, Bekaert holds 2 140 762 own shares, or 3.91% 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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