Bekaert - Update on the Share Buyback Program and the Liquidity Agreement
14 Juli 2023 - 8:15AM
Bekaert - Update on the Share Buyback Program and the Liquidity
Agreement
Update on the Share Buyback Program and the Liquidity
Agreement
Period from 6 July 2023 to 12 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 period from 6 July
2023 to 12 July 2023, Kepler Cheuvreux on behalf of Bekaert
has bought 54 282 shares.
The table below provides an overview of the transactions under
the sixth tranche of the Program during the period
from 6 July 2023 to 12 July 2023:
|
Repurchase of shares |
Date |
Market |
Number of Shares |
Average Price paid (€) |
Highest Price paid (€) |
Lowest Price paid (€) |
Total Amount (€) |
6 July 2023 |
Euronext Brussels |
5 089 |
42.75 |
43.10 |
42.28 |
217 555 |
|
MTF CBOE |
3 186 |
42.74 |
43.08 |
42.24 |
136 170 |
|
MTF Turquoise |
801 |
42.78 |
43.12 |
42.32 |
34 267 |
|
MTF Aquis |
1 025 |
42.75 |
43.08 |
42.32 |
43 819 |
7 July 2023 |
Euronext Brussels |
5 362 |
42.86 |
43.10 |
42.38 |
229 815 |
|
MTF CBOE |
3 743 |
42.86 |
43.08 |
42.40 |
160 425 |
|
MTF Turquoise |
891 |
42.88 |
43.08 |
42.44 |
38 206 |
|
MTF Aquis |
1 060 |
42.87 |
43.10 |
42.36 |
45 442 |
10 July 2023 |
Euronext Brussels |
5 382 |
43.42 |
43.70 |
42.92 |
233 686 |
|
MTF CBOE |
3 775 |
43.46 |
43.68 |
42.88 |
164 062 |
|
MTF Turquoise |
874 |
43.40 |
43.68 |
42.88 |
37 932 |
|
MTF Aquis |
1 015 |
43.48 |
43.72 |
42.88 |
44 132 |
11 July 2023 |
Euronext Brussels |
5 316 |
44.21 |
44.56 |
43.72 |
235 020 |
|
MTF CBOE |
3 725 |
44.23 |
44.56 |
43.76 |
164 757 |
|
MTF Turquoise |
850 |
44.22 |
44.56 |
43.74 |
37 587 |
|
MTF Aquis |
945 |
44.24 |
44.58 |
43.78 |
41 807 |
12 July 2023 |
Euronext Brussels |
5 510 |
44.16 |
44.58 |
43.56 |
243 322 |
|
MTF CBOE |
3 696 |
44.20 |
44.58 |
43.56 |
163 363 |
|
MTF Turquoise |
986 |
44.22 |
44.60 |
43.52 |
43 601 |
|
MTF Aquis |
1 051 |
44.24 |
44.60 |
43.56 |
46 496 |
Total |
|
54 282 |
43.50 |
44.60 |
42.24 |
2 361 464 |
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 6 002
shares during the period from 6 July 2023 to 12 July 2023
on Euronext Brussels. During the same period, Kepler Cheuvreux on
behalf of Bekaert has sold 10 200 shares on Euronext
Brussels.
The tables below provide an overview of the transactions under
the liquidity agreement during the period from 6 July
2023 to 12 July 2023:
|
Purchase of shares |
Date |
Number of Shares |
Average Price (€) |
Highest Price (€) |
Lowest Price (€) |
Total Amount (€) |
6 July 2023 |
3 600 |
42.48 |
42.70 |
42.24 |
152 928 |
7 July 2023 |
0 |
0.00 |
0.00 |
0.00 |
0 |
10 July 2023 |
402 |
42.80 |
42.80 |
42.80 |
17 206 |
11 July 2023 |
0 |
0.00 |
0.00 |
0.00 |
0 |
12 July 2023 |
2 000 |
43.88 |
44.02 |
43.70 |
87 760 |
Total |
6 002 |
|
|
|
257 894 |
|
Sale of shares |
Date |
Number of Shares |
Average Price (€) |
Highest Price (€) |
Lowest Price (€) |
Total Amount (€) |
6 July 2023 |
400 |
43.00 |
43.00 |
43.00 |
17 200 |
7 July 2023 |
2 000 |
42.91 |
43.08 |
42.60 |
85 820 |
10 July 2023 |
2 400 |
43.35 |
43.60 |
43.10 |
104 040 |
11 July 2023 |
1 600 |
43.98 |
44.20 |
43.80 |
70 368 |
12 July 2023 |
3 800 |
44.45 |
44.60 |
44.30 |
168 910 |
Total |
10 200 |
|
|
|
446 338 |
The balance held by Bekaert under the liquidity agreement at the
end of the period is 40 721 shares.
On 12 July 2023 after closing of the market, Bekaert holds
2 383 040 own shares, or 4.26% of the total number of the
outstanding shares.
This information is also made available on the investor
relations pages of our website.
- p230714E - Bekaert - Update on the Share Buyback Program and
the Liquidity Agreement
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