Purchase and sale of shares within the framework of the

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Update on the share buyback program and the liquidity contract
Period from August 18, 2022 to August 24, 2022

Share buyback program

As part of Bekaert’s share buyback program, announced on February 25, 2022the third tranche of 30 million euros began on July 29, 2022.

Bekaert announces today that during the period from August 18, 2022 to August 24, 2022, Kepler Cheuvreux on behalf of Bekaert purchased 65,000 shares.

The table below provides an overview of the transactions under the third tranche of the share buyback program during the period from August 18, 2022 to August 24, 2022:

Redemption of shares

Date Market Number of shares Average price paid (€) Highest price paid (€) Lowest price paid (€) Total amount (€)
August 18, 2022 Euronext Brussels 7,800 33.29 33.68 33.02 259,647
MTF CBOE 5,200 33.29 33.66 33.04 173 101
Turquoise MTF
MTF Acquis
August 19, 2022 Euronext Brussels 7,700 32.47 33.00 32.14 250,017
MTF CBOE 5,300 32.47 32.84 32.14 172,091
Turquoise MTF
MTF Acquis
August 22, 2022 Euronext Brussels 7,900 31.53 32.08 31.32 249,073
MTF CBOE 5,100 31.51 32.00 31.36 160,690
Turquoise MTF
MTF Acquis
August 23, 2022 Euronext Brussels 8,000 31.48 31.72 31.12 251,829
MTF CBOE 5,000 31.48 31.72 31.00 157,423
Turquoise MTF
MTF Acquis
August 24, 2022 Euronext Brussels 7,900 31.25 31.60 31.04 246,877
MTF CBOE 5,100 31.24 31.56 31.04 159,301
Turquoise MTF
MTF Acquis 7,800 33.29 33.68 33.02 259,647
Total 65,000 32.00 33.68 31.00 2,080,049

As announced on February 25, 2022 and July 29, 2022, the objective of the program is to reduce the issued share capital of the company. All shares repurchased under the program will be cancelled.

Liquidity contract

As part of the liquidity contract entered into by Bekaert with Kepler Cheuvreux on September 2, 2021 (see press release of the September 3, 2021), Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has purchased 10,937 shares during the period from August 18, 2022 to August 24, 2022 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert sold 1,400 shares on Euronext Brussels.

The tables below give an overview of the transactions carried out under the liquidity contract during the period from
August 18, 2022 to August 24, 2022:

Purchase of shares

Date Number of shares Average price (€) Highest price (€) Lowest price (€) Total amount (€)
August 18, 2022 1,200 33.33 33.35 33.10 39,996
August 19, 2022 3,700 32.60 33.00 32.20 120 620
August 22, 2022 3,500 31.72 32.10 31:40 111,020
August 23, 2022 1,300 31.17 31.28 31.00 40,521
August 24, 2022 1,237 31.23 31:40 31.10 38,632
Total 10,937 350,789

Sale of shares

Date Number of shares Average price (€) Highest price (€) Lowest price (€) Total amount (€)
August 18, 2022 1,400 33.60 33.70 33.40 47,040
August 19, 2022 0 0.00 0.00 0.00 0
August 22, 2022 0 0.00 0.00 0.00 0
August 23, 2022 0 0.00 0.00 0.00 0
August 24, 2022 0 0.00 0.00 0.00 0
Total 1,400 47,040

The balance held by Bekaert under the liquidity contract at the end of the period is 85,808 shares.

On August 24, 2022 after market close, Bekaert holds 3,277,062 treasury shares, i.e. 5.55% of the total number of shares in circulation.

This information is also available on the Investor Relations pages of our website.

  • p220826F – Bekaert – Update on the share buyback program and the liquidity contract

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