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 that during the period from 13 April 2023 to 19 April 2023, Kepler Cheuvreux on behalf of Bekaert has bought 42 128 shares.
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 540 shares during the period from 13 April 2023 to 19 April 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 9 600 shares on Euronext Brussels.
The balance held by Bekaert under the liquidity agreement at the end of the period is 33 592 shares.
On 19 April 2023 after closing of the market, Bekaert holds 2 928 267 own shares, or 5.14% of the total number of the outstanding shares.