AI Terminal
Bekaert NV
Transaction in Own Shares • Dec 1, 2023
3915_dirs_2023-12-01_d0a7659f-b1bf-4202-a306-67708373caa5.pdf
Transaction in Own Shares
Open in ViewerOpens in native device viewer
Press release Regulated information 1 December 2023 • 08:15 a.m. CET Press Katelijn Bohez T +32 56 76 66 10 [email protected]
Investor Relations Guy Marks T +32 56 76 74 73 [email protected]
Update on the Share Buyback Program
Period from 23 November 2023 to 29 November 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 23 November 2023 to 29 November 2023, Kepler Cheuvreux on behalf of Bekaert has bought 47 815 shares.
The table below provides an overview of the transactions under the seventh tranche of the Program during the period from 23 November 2023 to 29 November 2023:
| Repurchase of shares | ||||||
|---|---|---|---|---|---|---|
| Number of | Average Price | Highest Price | Lowest Price | Total | ||
| Date | Market | Shares | paid (€) | paid (€) | paid (€) | Amount (€) |
| 23 November 2023 | Euronext Brussels | 9 360 | 41.20 | 41.64 | 40.48 | 385 632 |
| MTF CBOE | — | — | — | — | ||
| MTF Turquoise | — | — | — | — | — | |
| MTF Aquis | — | — | — | — | — | |
| 24 November 2023 | Euronext Brussels | 9 944 | 41.59 | 41.72 | 41.34 | 413 571 |
| MTF CBOE | — | — | — | — | — | |
| MTF Turquoise | — | — | — | — | — | |
| MTF Aquis | — | — | — | — | — | |
| 27 November 2023 | Euronext Brussels | 7 408 | 42.50 | 43.20 | 41.50 | 314 840 |
| MTF CBOE | 1 436 | 42.65 | 43.22 | 42.08 | 61 245 | |
| MTF Turquoise | — | — | — | — | — | |
| MTF Aquis | — | — | — | — | — | |
| 28 November 2023 | Euronext Brussels | 8 689 | 42.36 | 42.96 | 41.90 | 368 066 |
| MTF CBOE | 1 100 | 42.25 | 42.72 | 41.86 | 46 475 | |
| MTF Turquoise | — | — | — | — | — | |
| MTF Aquis | — | — | — | — | — | |
| 29 November 2023 | Euronext Brussels | 8 978 | 42.80 | 43.06 | 42.42 | 384 258 |
| MTF CBOE | 900 | 42.80 | 43.08 | 42.52 | 38 520 | |
| MTF Turquoise | — | — | — | — | — | |
| MTF Aquis | — | — | — | — | — | |
| Total | 47 815 | 42.09 | 43.22 | 40.48 | 2 012 607 |
On 29 November 2023 after closing of the market, Bekaert holds 3 186 611 own shares, or 5.70% of the total number of the outstanding shares.
This information is also made available on the investor relations pages of our website.
Company profile
Bekaert's ambition is to be the leading partner for shaping the way we live and move, and to always do this in a way that is safe, smart, and sustainable. As a global market and technology leader in material science of steel wire transformation and coating technologies, Bekaert (bekaert.com) also applies its expertise beyond steel to create new solutions with innovative materials and services for markets including new mobility, low-carbon construction, and green energy. Founded in 1880, with its headquarters in Belgium, Bekaert (Euronext Brussels, BEKB) is a global company whose 27 000 employees worldwide together generated almost € 7 billion in combined revenue in 2022.
Disclaimer
This press release may contain forward-looking statements. Such statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Bekaert is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release in light of new information, future events or otherwise. Bekaert disclaims any liability for statements made or published by third parties and does not undertake any obligation to correct inaccurate data, information, conclusions or opinions published by third parties in relation to this or any other press release issued by Bekaert.