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

  Update on the Share Buyback Program and the Liquidity AgreementPeriod from 21 April 2022 to 27 April 2022Share Buyback Program In the context of the share buyback program of Bekaert, announced on 25 February 2022 , the first tranche of €30 million started on 18 March 2022 .Bekaert announces today that during the period from 21 April 2022 to 27 April 2022, Kepler Cheuvreux on behalf of Bekaert has bought 110 894 shares.The table below provides an overview of the...

Zwevegem, 29/04/2022 (informazione.it - comunicati stampa - industria)

 

Share Buyback Program

In the context of the share buyback program of Bekaert, announced on 25 February 2022 , the first tranche of €30 million started on 18 March 2022 .

Bekaert announces today that during the period from 21 April 2022 to 27 April 2022, Kepler Cheuvreux on behalf of Bekaert has bought 110 894 shares.

The table below provides an overview of the transactions under the first tranche of the share buy back program during the period from 21 April 2022 and 27 April 2022:

As announced on 25 February 2022 and 18 March 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 liquidity agreement entered into by Bekaert with Kepler Cheuvreux on 2 September 2021 (see press release of 3 September 2021) , Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 13 000 shares during the period from 21 April 2022 to 27 April 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 8 600 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 21 April 2022 to 27 April 2022:

The balance held by Bekaert under the liquidity agreement at the end of the period is 75 132 shares.

On 27 April 2022 after closing of the market, Bekaert holds 3 510 319 own shares, or 5.81 % of the total number of the outstanding shares.

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

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