Bekaert - Update on the Share Buyback Program and the Liquidity Agreement

        

Update on the Share Buyback Program and the Liquidity Agreement

Period from 6 April 2023 to 12 April 2023

Share Buyback Program
On 1 March 2023, Bekaert announced the continuation of its program to buy back own shares for an additional amount of up to € 120 million (the "Program") and the immediate start of a fifth tranche of the Program for an aggregate amount of up to € 30 million. 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 April 2023 to 12 April 2023, Kepler Cheuvreux on behalf of Bekaert has bought 39 106 shares.

The table below provides an overview of the transactions under the fourth tranche of the Program during the period from 6 April 2023 to 12 April 2023:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
6 April 2023	Euronext Brussels	10 288	40.36	41.10	39.94	415 224
	MTF CBOE	7 223	40.39	41.14	40.00	291 737
	MTF Turquoise	1 098	40.43	41.22	40.24	44 392
	MTF Aquis	2 484	40.43	41.08	40.24	100 428
7 April 2023	Euronext Brussels	—	—	—	—	—
	MTF CBOE	—	—	—	—	—
	MTF Turquoise	—	—	—	—	—
	MTF Aquis	—	—	—	—	—
10 April 2023	Euronext Brussels	—	—	—	—	—
	MTF CBOE	—	—	—	—	—
	MTF Turquoise	—	—	—	—	—
	MTF Aquis	—	—	—	—	—
11 April 2023	Euronext Brussels	5 145	40.45	40.78	40.18	208 115
	MTF CBOE	3 642	40.44	40.64	40.18	147 282
	MTF Turquoise	836	40.41	40.74	40.22	33 783
	MTF Aquis	1 872	40.42	40.82	40.22	75 666
12 April 2023	Euronext Brussels	3 225	40.43	40.58	40.22	130 387
	MTF CBOE	2 298	40.44	40.52	40.26	92 931
	MTF Turquoise	269	40.45	40.54	40.36	10 881
	MTF Aquis	726	40.43	40.58	40.24	29 352
Total		39 106	40.41	41.22	39.94	1 580 178

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 2 170 shares during the period from 6 April 2023 to 12 April 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 2 400 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 6 April 2023 to 12 April 2023:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
6 April 2023	2 000	40.24	40.50	40.00	80 480
7 April 2023	0	0.00	0.00	0.00	0
10 April 2023	0	0.00	0.00	0.00	0
11 April 2023	0	0.00	0.00	0.00	0
12 April 2023	170	40.20	40.20	40.20	6 834
Total	2 170				87 314

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
6 April 2023	800	40.90	41.00	40.80	32 720
7 April 2023	0	0.00	0.00	0.00	0
10 April 2023	0	0.00	0.00	0.00	0
11 April 2023	1 200	40.60	40.80	40.50	48 720
12 April 2023	400	40.60	40.60	40.60	16 240
Total	2 400				97 680

The balance held by Bekaert under the liquidity agreement at the end of the period is 42 652 shares.

On 12 April 2023 after closing of the market, Bekaert holds 2 895 199 own shares, or 5.08% of the total number of the outstanding shares.

This information is also made available on the investor relations pages of our website.

 

Attachment

• p230414E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement