Update on the Share Buyback Program
Period from 15 February 2024 to 21 February 2024
On 17 November 2023, Bekaert announced the start of the eighth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Eighth 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 15 February 2024 to 21 February 2024, Kepler Cheuvreux on behalf of Bekaert has bought 50 000 shares.
The table below provides an overview of the transactions under the eighth tranche of the Program during the period from 15 February 2024 to 21 February 2024:
| Repurchase of shares | ||||||
| Date | Market | Number of Shares | Average Price paid (€) | Highest Price paid (€) | Lowest Price paid (€) | Total Amount (€) |
| 15 February 2024 | Euronext Brussels | 10 000 | 46.74 | 46.98 | 46.36 | 467 400 |
| MTF CBOE | ||||||
| MTF Turquoise | ||||||
| MTF Aquis | ||||||
| 16 February 2024 | Euronext Brussels | 10 000 | 47.44 | 47.72 | 47.20 | 474 400 |
| MTF CBOE | ||||||
| MTF Turquoise | ||||||
| MTF Aquis | ||||||
| 19 February 2024 | Euronext Brussels | 10 000 | 46.85 | 47.04 | 46.74 | 468 500 |
| MTF CBOE | ||||||
| MTF Turquoise | ||||||
| MTF Aquis | ||||||
| 20 February 2024 | Euronext Brussels | 10 000 | 46.58 | 46.96 | 46.28 | 465 800 |
| MTF CBOE | ||||||
| MTF Turquoise | ||||||
| MTF Aquis | ||||||
| 21 February 2024 | Euronext Brussels | 10 000 | 46.82 | 47.00 | 46.54 | 468 200 |
| MTF CBOE | ||||||
| MTF Turquoise | ||||||
| MTF Aquis | ||||||
| Total | 50 000 | 46.89 | 47.72 | 46.28 | 2 344 300 | |
On 21 February 2024 after closing of the market, Bekaert holds 2 521 471 own shares, or 4.61% 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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