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Bekaert NV
Transaction in Own Shares • Feb 24, 2023
3915_dirs_2023-02-24_b83de7ce-0118-4a18-a75f-7545354190b6.pdf
Transaction in Own Shares
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Press release Regulated information 24 February 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 Liquidity Agreement
Period from 16 February 2023 to 22 February 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 9 600 shares during the period from 16 February 2023 to 22 February 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 6 872 shares on Euronext Brussels.
The tables below provide an overview of the transactions under the liquidity agreement during the period from 16 February 2023 to 22 February 2023:
| Purchase of shares | |||||||
|---|---|---|---|---|---|---|---|
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) | ||
| 16 February 2023 | 0 | 0.00 | 0.00 | 0.00 | 0 | ||
| 17 February 2023 | 400 | 40.10 | 40.10 | 40.10 | 16 040 | ||
| 20 February 2023 | 400 | 40.40 | 40.40 | 40.40 | 16 160 | ||
| 21 February 2023 | 4 000 | 40.71 | 40.84 | 40.50 | 162 840 | ||
| 22 February 2023 | 4 800 | 40.21 | 40.40 | 39.98 | 193 008 | ||
| Total | 9 600 | 388 048 |
| Sale of shares | |||||||
|---|---|---|---|---|---|---|---|
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) | ||
| 16 February 2023 | 1 600 | 40.58 | 40.60 | 40.50 | 64 928 | ||
| 17 February 2023 | 400 | 40.60 | 40.60 | 40.60 | 16 240 | ||
| 20 February 2023 | 1 111 | 40.59 | 40.70 | 40.50 | 45 095 | ||
| 21 February 2023 | 3 361 | 40.88 | 41.00 | 40.70 | 137 398 | ||
| 22 February 2023 | 400 | 40.26 | 40.26 | 40.26 | 16 104 | ||
| Total | 6 872 | 279 765 |
The balance held by Bekaert under the liquidity agreement at the end of the period is 40 364 shares.
On 22 February 2023 after closing of the market, Bekaert holds 4 753 017 own shares, or 8.05% 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 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 € 5.9 billion in combined revenue in 2021.
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.