Bekaert - Update on the Share Buyback Program and Liquidity Agreement
Period from 15 May 2025 to 21 May 2025
Share Buyback ProgramOn 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 15 May 2025 to 21 May 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 59 000 shares.
The table below provides an overview of the transactions under the Program during the period from 15 May 2025 to 21 May 2025:
Repurchase of shares
Date
Market
Number of Shares
Average Price paid (€)
Highest Price paid (€)
Lowest Price paid (€)
Total Amount (€)
15 May 2025
Euronext Brussels
—
MTF CBOE
—
MTF Turquoise
—
MTF Aquis
—
16 May 2025
Euronext Brussels
7 500
33.91
34.10
33.70
254 325
MTF CBOE
5 500
33.91
34.10
33.75
186 505
MTF Turquoise
1 000
33.92
34.10
33.80
33 920
MTF Aquis
1 000
33.93
34.10
33.75
33 930
19 May 2025
Euronext Brussels
7 500
34.17
34.40
33.85
256 275
MTF CBOE
5 000
34.16
34.35
33.85
170 800
MTF Turquoise
1 200
34.20
34.30
34.10
41 040
MTF Aquis
1 300
34.14
34.30
33.85
44 382
20 May 2025
Euronext Brussels
7 500
34.27
34.60
33.70
257 025
MTF CBOE
5 000
34.24
34.60
33.80
171 200
MTF Turquoise
1 200
34.25
34.55
33.80
41 100
MTF Aquis
1 300
34.22
34.55
33.80
44 486
21 May 2025
Euronext Brussels
8 000
34.54
34.95
34.00
276 320
MTF CBOE
5 500
34.55
34.95
34.00
190 025
MTF Turquoise
—
—
—
MTF Aquis
500
34.72
34.90
34.60
17 360
Total
59 000
34.22
34.95
33.70
2 018 693
Liquidity agreementIn 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 5 700 shares during the period from 15 May 2025 to 21 May 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 2 930 shares on Euronext Brussels.
The tables below provide an overview of the transactions under the liquidity agreement during the period from 15 May 2025 to 21 May 2025:
Purchase of shares
Date
Number of Shares
Average Price (€)
Highest Price (€)
Lowest Price (€)
Total Amount (€)
15 May 2025
2 000
35.00
35.40
34.80
70 000
16 May 2025
1 700
33.91
34.00
33.70
57 647
19 May 2025
1 000
34.02
34.20
33.80
34 020
20 May 2025
800
34.03
34.20
33.80
27 224
21 May 2025
200
34.00
34.00
34.00
6 800
Total
5 700
195 691
Sale of shares
Date
Number of Shares
Average Price (€)
Highest Price (€)
Lowest Price (€)
Total Amount (€)
15 May 2025
0
0.00
0.00
0.00
0
16 May 2025
0
0.00
0.00
0.00
0
19 May 2025
1 300
34.20
34.40
34.00
44 460
20 May 2025
1 000
34.54
34.60
34.40
34 540
21 May 2025
630
34.65
35.00
34.50
21 830
Total
2 930
100 830
The balance held by Bekaert under the liquidity agreement at the end of the period is 35 837 shares.
On 21 May 2025 after closing of the market, Bekaert holds 3 298 104 own shares, or 6.08% of the total number of the outstanding shares.
This information is also made available on the investor relations pages of our website.
Attachment
p250523E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a few seconds ago
- Yahoo
Wall St futures slip ahead of Walmart's results, Fed meet
(Reuters) -U.S. stock index futures slipped on Thursday, as investors stepped to the sidelines and awaited an earnings report from big-box retailer Walmart and clues on the Federal Reserve's next policy move from a three-day conference in Jackson Hole. A sharp decline in technology stocks such as Nvidia, AMD, Palantir and Meta earlier this week signaled investor fears that the stocks, which have soared since April lows, are now overvalued, while Washington's growing interference in the sector has also raised alarms. The selloff could also be a result of investors paring back their stock exposure during a traditionally rocky period for equities, according to the Stock Trader's Almanac. "Equities could be more at risk of volatility amid this week's selloff in AI-related stocks on the back of renewed doubts about AI valuations," said Raffi Boyadjian, lead market analyst at brokerage XM. "Although dip buyers have stepped in to stabilize the market, it's too early to rule out a further slump in mega-cap tech stocks." In premarket trading, Nvidia, Advanced Micro Devices and Palantir were marginally up, while Meta was flat. The market focus is now on Walmart's results, expected before the bell. Its shares were down 1.3%. Investors expect the major retailer to strike a cautious tone on customer demand as the labor market cools and inflation ticks up. Reports from other retailers such as Target and Home Depot earlier this week painted a mixed picture, and now investors are trying to gauge how U.S. tariffs would impact holiday sales later this year. At 05:43 a.m. ET, Dow E-minis were down 110 points, or 0.24%, S&P 500 E-minis were down 6.25 points, or 0.10% and Nasdaq 100 E-minis were down 5.25 points, or 0.02% The Fed's annual symposium is expected to kick off on Thursday, with Powell scheduled to speak on Friday at 10 a.m. ET. Traders are looking for any commentary from Chair Jerome Powell that would signal an interest rate cut in September following recent job market weakness. Minutes from the central bank's July meeting showed on Wednesday that policymakers had struck a cautious tone and expect the current interest rates to be not far above the neutral level - where economic activity is neither stimulated nor constrained. That led traders to pare back odds of a 25-basis-point interest rate cut in September to 79% from 99.9% last week, according to data compiled by LSEG. A weekly report on jobless claims, a private report on business activity and remarks from Atlanta Fed President Raphael Bostic, are also expected on Thursday. Among other market movers, Coty slumped 22% after the beauty products maker forecast a drop in current-quarter sales on weak U.S. spending. CoreWeave rose 1.7% after trading firm Jane Street Group reported it has a 5.4% passive stake in the Nvidia-backed company. Sign in to access your portfolio
Yahoo
a few seconds ago
- Yahoo
Inter Milan Approaching Financial Milestone – Debt Plummeting & Approaching Zero
Inter Milan are approaching a key financial milestone, as their debt is plummeting and approaching zero under Oaktree Capital. This is highlighted in today's print edition of Rome-based newspaper Corriere dello Sport, via FCInter1908. It is hardly a secret that Inter Milan have suffered some major financial difficulties in recent years. In the financial year ending in 2021, the Nerazzurri suffered operating losses of €216 million. Therefore, during that period, Inter took on significant debt. The major loan that previous owners Suning took on from Oaktree Capital was representative of this. As we the club's debt bond. Inter Milan Debt Plummets & Approaches Zero UDINE, ITALY – SEPTEMBER 18: Giuseppe Marotta, CEO for sport at FC Internazionale looks on prior to the Serie A match between Udinese Calcio and FC Internazionale at Dacia Arena on September 18, 2022 in Udine, Italy. (Photo by) Last spring, Oaktree took over Inter from Suning after the previous owners defaulted on their loan. And the North American fund have taken steps to lower the debt. The Corriere dello Sport note how Oaktree have refinanced Inter's debt bond. Therefore, the bond has gone down from €415 million to €350 million. Oaktree have injected some cash, and also taken advantage of more favourable interest rates. In terms of Inter's Net Finance Position, the Corriere dello Sport notes, the club are now getting close to being debt-free.
Yahoo
a few seconds ago
- Yahoo
How far will Brentford go to keep Yoane Wissa?
Newcastle run into Brentford's wall despite ramping up their financial efforts. How far will Brentford go to keep Yoane Wissa? Yoane Wissa finds himself facing a total blockade from his club Brentford, who have turned down a new record offer from Newcastle United worth £40 million. The Magpies' latest bid included £35 million up front, plus an additional £5 million in bonuses. Brentford's management is standing firm in the face of Newcastle's repeated overtures, having already rejected an initial £25 million bid earlier this summer. The Bees have not set an official asking price for their star forward, but their demands appear to far exceed the amounts tabled so far. Newcastle ramp up the chase but Brentford dig in Newcastle are relentless in their pursuit of the DR Congo international. After their initial £25 million offer was knocked back this summer, the Magpies upped their bid this week to £40 million including bonuses. Yet Brentford remain unmoved, and according to some sources, are now demanding more than €60 million to part ways with their top scorer. Transfer window closing in, Yoane Wissa growing increasingly frustrated The arrival of Dango Ouattara from Bournemouth for a club-record €43 million has done nothing to break the deadlock. Signed on a five-year deal with an optional extra year, the Burkinabe was expected to pave the way for Wissa's departure, but Brentford are holding their ground. With the summer transfer window drawing to a close and the outcome of this saga still up in the air, the Congolese forward is finding the situation increasingly difficult as he remains sidelined while the Premier League season is already underway. On Tyneside, the urgency is mounting as Newcastle look to bolster their attacking options, particularly with the uncertainty surrounding Alexander Isak. The Magpies may be forced to return with an improved offer to try to convince Brentford to part ways with their striker—or else look elsewhere for reinforcements.
