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Bekaert NV
Transaction in Own Shares • Mar 14, 2025
3915_pos_2025-03-14_5d394714-160d-48b7-bbc7-98c7165d03a6.pdf
Transaction in Own Shares
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Press release Regulated information 14 March 2025 • 08:15 a.m. CET Press Kim De Raedt T +32 56 76 70 16 [email protected]
Investor Relations Guy Marks T +32 56 76 74 73 [email protected]
Update on the Share Buyback Program and the Liquidity Agreement
Period from 6 March 2025 to 12 March 2025
Share Buyback Program
On 28 February 2025, Bekaert announced the start of the next tranche of its share buyback program, for a total maximum consideration of up to € 25 million. As announced previously, the purpose of the Program is to cancel all shares repurchased.
Bekaert announces today that during the period from 6 March 2025 to 12 March 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 93 865 shares.
The table below provides an overview of the transactions under the Program during the period from 6 March 2025 to 12 March 2025:
| Repurchase of shares | ||||||||
|---|---|---|---|---|---|---|---|---|
| Number of | Average Price | Highest Price | Lowest Price | Total | ||||
| Date | Market | Shares | paid (€) | paid (€) | paid (€) | Amount (€) | ||
| 6 March 2025 | Euronext Brussels | 7 824 | 35.90 | 36.84 | 34.34 | 280 882 | ||
| MTF CBOE | 7 150 | 35.95 | 36.80 | 34.28 | 257 043 | |||
| MTF Turquoise | 1 372 | 35.92 | 36.74 | 34.26 | 49 282 | |||
| MTF Aquis | 695 | 35.97 | 36.74 | 35.26 | 24 999 | |||
| 7 March 2025 | Euronext Brussels | 9 249 | 36.61 | 37.12 | 36.18 | 338 606 | ||
| MTF CBOE | 6 795 | 36.64 | 37.08 | 36.12 | 248 969 | |||
| MTF Turquoise | 1 459 | 36.69 | 37.08 | 36.12 | 53 531 | |||
| MTF Aquis | 846 | 36.63 | 37.06 | 36.28 | 30 989 | |||
| 10 March 2025 | Euronext Brussels | 9 537 | 35.73 | 36.40 | 35.22 | 340 757 | ||
| MTF CBOE | 6 881 | 35.71 | 36.30 | 35.38 | 245 721 | |||
| MTF Turquoise | 1 594 | 35.66 | 36.08 | 35.46 | 56 842 | |||
| MTF Aquis | 855 | 35.68 | 36.04 | 35.48 | 30 506 | |||
| 11 March 2025 | Euronext Brussels | 9 892 | 35.87 | 36.28 | 35.46 | 354 826 | ||
| MTF CBOE | 7 103 | 35.88 | 36.24 | 35.58 | 254 856 | |||
| MTF Turquoise | 1 512 | 35.90 | 36.24 | 35.66 | 54 281 | |||
| MTF Aquis | 938 | 35.88 | 36.18 | 35.58 | 33 655 | |||
| 12 March 2025 | Euronext Brussels | 10 211 | 36.76 | 37.94 | 36.10 | 375 356 | ||
| MTF CBOE | 7 406 | 36.71 | 37.78 | 36.08 | 271 874 | |||
| MTF Turquoise | 1 605 | 36.71 | 37.78 | 36.22 | 58 920 | |||
| MTF Aquis | 941 | 36.67 | 37.90 | 36.20 | 34 506 | |||
| Total | 93 865 | 36.18 | 37.94 | 34.26 | 3 396 400 |
Liquidity agreement
In relation to the renewed liquidity agreement with Kepler Cheuvreux announced on 25 June 2024, Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 4 977 shares during the period from 6 March 2025 to 12 March 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 11 964 shares on Euronext Brussels.
The tables below provide an overview of the transactions under the liquidity agreement during the period from 6 March 2025 to 12 March 2025:
| Purchase of shares | |||||||
|---|---|---|---|---|---|---|---|
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) | ||
| 6 March 2025 | 0 | 0.00 | 0.00 | 0.00 | 0 | ||
| 7 March 2025 | 1 200 | 36.25 | 36.30 | 36.24 | 43 500 | ||
| 10 March 2025 | 1 877 | 35.58 | 36.10 | 35.20 | 66 784 | ||
| 11 March 2025 | 200 | 35.60 | 35.60 | 35.60 | 7 120 | ||
| 12 March 2025 | 1 700 | 36.27 | 36.38 | 36.10 | 61 659 | ||
| Total | 4 977 | 179 063 |
| Sale of shares | |||||||
|---|---|---|---|---|---|---|---|
| Date | Number of Shares | Average Price (€) | Highest Price (€) | Lowest Price (€) | Total Amount (€) | ||
| 6 March 2025 | 7 264 | 35.52 | 36.80 | 34.18 | 258 017 | ||
| 7 March 2025 | 965 | 36.94 | 37.20 | 36.70 | 35 647 | ||
| 10 March 2025 | 400 | 36.45 | 36.50 | 36.40 | 14 580 | ||
| 11 March 2025 | 1 400 | 35.94 | 36.20 | 35.70 | 50 316 | ||
| 12 March 2025 | 1 935 | 37.90 | 37.90 | 37.90 | 73 337 | ||
| Total | 11 964 | 431 897 |
The balance held by Bekaert under the liquidity agreement at the end of the period is 29 846 shares.
On 12 March 2025 after closing of the market, Bekaert holds 2 739 496 own shares, or 5.05% of the total number of the outstanding shares.
This information is also made available on the investor relations pages of our website.
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.
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, sustainable construction, and energy transition. Founded in 1880, with its headquarters in Belgium, Bekaert (Euronext Brussels, BEKB) is a global technology company whose 21 000 employees worldwide together generated € 4.0 billion in consolidated sales in 2024.