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Bekaert NV
Transaction in Own Shares • Sep 30, 2022
3915_dirs_2022-09-30_cecaf158-bc9b-48ff-8794-5019aeefcf54.pdf
Transaction in Own Shares
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Update on the Share Buyback Program and the Liquidity Agreement
Period from 22 September 2022 to 28 September 2022
Share Buyback Program
In the context of the share buyback program of Bekaert, announced on 25 February 2022, the third tranche of € 30 million started on 29 July 2022.
Bekaert announces today that during the period from 22 September 2022 to 28 September 2022, Kepler Cheuvreux on behalf of Bekaert has bought 114 785 shares.
The table below provides an overview of the transactions under the third tranche of the share buyback program during the period from 22 September 2022 to 28 September 2022:
| Date | Market | Number of Shares |
Average Price paid (€) |
Highest Price paid (€) |
Lowest Price | paid (€) Total Amount (€) | |||
|---|---|---|---|---|---|---|---|---|---|
| 22 September 2022 | Euronext Brussels | 10 600 | 26.82 | 27.06 | 26.56 | 284 292 | |||
| MTF CBOE | 8 700 | 26.77 | 26.94 | 26.54 | 232 899 | ||||
| MTF Turquoise | 1 500 | 26.87 | 26.90 | 26.84 | 40 305 | ||||
| MTF Aquis | 1 800 | 26.89 | 26.90 | 26.84 | 48 402 | ||||
| 23 September 2022 | Euronext Brussels | 10 497 | 25.99 | 26.56 | 25.72 | 272 817 | |||
| MTF CBOE | 8 885 | 25.97 | 26.54 | 25.72 | 230 743 | ||||
| MTF Turquoise | 1 440 | 25.98 | 26.80 | 25.74 | 37 411 | ||||
| MTF Aquis | 1 950 | 25.97 | 26.54 | 25.74 | 50 642 | ||||
| 26 September 2022 | Euronext Brussels | 10 900 | 25.90 | 26.18 | 25.50 | 282 310 | |||
| MTF CBOE | 9 400 | 25.88 | 26.18 | 25.48 | 243 272 | ||||
| MTF Turquoise | 1 475 | 25.91 | 26.18 | 25.58 | 38 217 | ||||
| MTF Aquis | 1 986 | 25.91 | 26.22 | 25.50 | 51 457 | ||||
| 27 September 2022 | Euronext Brussels | 11 017 | 26.02 | 26.36 | 25.68 | 286 662 | |||
| MTF CBOE | 9 850 | 26.02 | 26.34 | 25.68 | 256 297 | ||||
| MTF Turquoise | 1 399 | 26.02 | 26.42 | 25.76 | 36 402 | ||||
| MTF Aquis | 2 043 | 26.01 | 26.42 | 25.72 | 53 138 | ||||
| 28 September 2022 | Euronext Brussels | 9 748 | 25.55 | 25.90 | 24.88 | 249 061 | |||
| MTF CBOE | 8 576 | 25.52 | 25.86 | 24.90 | 218 860 | ||||
| MTF Turquoise | 1 339 | 25.51 | 25.90 | 25.02 | 34 158 | ||||
| MTF Aquis | 1 680 | 25.51 | 25.92 | 24.92 | 42 857 | ||||
| Total | 114 785 | 26.05 | 27.06 | 24.88 | 2 990 202 |
Repurchase of shares
As announced on 25 February 2022 and 29 July 2022, the purpose of the program is to reduce the issued share capital of the company. All shares repurchased as part of the program will be cancelled.
Liquidity agreement
In the context of the renewed liquidity agreement with Kepler Cheuvreux, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 9 900 shares during the period from 22 September 2022 to 28 September 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 4 500 shares on Euronext Brussels.
The tables below provide an overview of the transactions under the liquidity agreement during the period from 22 September 2022 to 28 September 2022:
| Purchase of shares | |||||||
|---|---|---|---|---|---|---|---|
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) | ||
| 22 September 2022 | 3 400 | 26.74 | 26.90 | 26.50 | 90 916 | ||
| 23 September 2022 | 1 200 | 26.07 | 26.30 | 25.80 | 31 284 | ||
| 26 September 2022 | 1 600 | 25.59 | 25.62 | 25.50 | 40 944 | ||
| 27 September 2022 | 1 700 | 25.86 | 25.94 | 25.70 | 43 962 | ||
| 28 September 2022 | 2 000 | 25.42 | 25.80 | 25.00 | 50 840 | ||
| Total | 9 900 | — | — | — | 257 946 |
Sale of shares Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€) 22 September 2022 1 000 27.10 27.10 27.10 27 100 23 September 2022 0 0.00 0.00 0.00 0 26 September 2022 700 26.09 26.20 2 600.00 18 263 27 September 2022 2 800 26.13 26.20 2 600.00 73 164 28 September 2022 0 0.00 0.00 0.00 0 Total 4 500 — — — 118 527
The balance held by Bekaert under the liquidity agreement at the end of the period is 105 267 shares.
On 28 September 2022 after closing of the market, Bekaert holds 3 704 895 own shares, or 6.28% of the total number of the outstanding shares.
Related press release: 2 September 2022: Bekaert renews existing liquidity contract
This information is also made available on the investor relations pages of our website.
Company profile
Bekaert (bekaert.com) is a world market and technology leader in steel wire transformation and coating technologies. We pursue to be the preferred supplier for our steel wire products and solutions by continuously delivering superior value to our customers worldwide. Bekaert (Euronext Brussels: BEKB) is a global company with more than 27 000 employees worldwide, headquarters in Belgium and € 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.
Press & Investor Relations
Katelijn Bohez Phone: +32 56 76 66 10 - E-mail: [email protected]