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

        

Update on the Share Buyback Program and the Liquidity Agreement

Period from 22 June 2023 to 28 June 2023

Share Buyback Program
On 10 May 2023, Bekaert announced the start of the sixth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Sixth Tranche). 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 22 June 2023 to 28 June 2023, Kepler Cheuvreux on behalf of Bekaert has bought 48 313 shares.

The table below provides an overview of the transactions under the sixth tranche of the Program during the period from 22 June 2023 to 28 June 2023:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
22 June 2023	Euronext Brussels	5 843	41.38	41.56	41.22	241 783
	MTF CBOE	3 262	41.37	41.52	41.22	134 949
	MTF Turquoise	590	41.39	41.56	41.26	24 420
	MTF Aquis	1 082	41.40	41.52	41.22	44 795
23 June 2023	Euronext Brussels	5 361	41.12	41.34	40.96	220 444
	MTF CBOE	3 088	41.13	41.28	40.98	127 009
	MTF Turquoise	243	41.15	41.48	40.96	9 999
	MTF Aquis	434	41.18	41.48	41.02	17 872
26 June 2023	Euronext Brussels	5 023	40.90	41.04	40.70	205 441
	MTF CBOE	3 092	40.91	41.12	40.76	126 494
	MTF Turquoise	507	40.90	41.10	40.76	20 736
	MTF Aquis	914	40.91	41.14	40.76	37 392
27 June 2023	Euronext Brussels	4 819	40.60	41.00	40.18	195 651
	MTF CBOE	3 090	40.60	40.92	40.18	125 454
	MTF Turquoise	361	40.62	40.92	40.30	14 664
	MTF Aquis	481	40.66	41.00	40.18	19 557
28 June 2023	Euronext Brussels	5 488	40.99	41.16	40.82	224 953
	MTF CBOE	3 103	41.00	41.16	40.80	127 223
	MTF Turquoise	626	41.02	41.16	40.88	25 679
	MTF Aquis	906	41.01	41.16	40.82	37 155
Total		48 313	41.02	41.56	40.18	1 981 670

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 6 200 shares during the period from 22 June 2023 to 28 June 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 2 000 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 22 June 2023 to 28 June 2023:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
22 June 2023	1 600	41.33	41.40	41.20	66 128
23 June 2023	1 000	41.04	41.14	41.00	41 040
26 June 2023	1 200	40.82	40.90	40.76	48 984
27 June 2023	2 400	40.45	40.70	40.20	97 080
28 June 2023	0	0.00	0.00	0.00	0
Total	6 200				253 232

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
22 June 2023	0	0.00	0.00	0.00	0
23 June 2023	0	0.00	0.00	0.00	0
26 June 2023	0	0.00	0.00	0.00	0
27 June 2023	400	41.00	41.00	41.00	16 400
28 June 2023	1 600	41.05	41.20	40.90	65 680
Total	2 000				82 080

The balance held by Bekaert under the liquidity agreement at the end of the period is 51 819 shares.

On 28 June 2023 after closing of the market, Bekaert holds 3 402 500 own shares, or 5.97% of the total number of the outstanding shares.

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

Attachment

• p230630E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement