Update on the Share Buyback Program and the Liquidity Agreement
Period from 5 December 2024 to 11 December 2024
Share Buyback Program
On 22 November 2024, Bekaert announced the start of the first tranche of its share buyback program, for a total maximum consideration of up to € 25 million (the First Tranche). As announced previously, the purpose of the Program is to cancel all shares repurchased.
Bekaert announces today that during the period from 5 December 2024 to 11 December 2024, Kepler Cheuvreux SA on behalf of Bekaert has bought 79 753 shares.
The table below provides an overview of the transactions under the First Tranche of the Program during the period from 5 December 2024 to 11 December 2024:
Repurchase of shares Date Market Number of Shares Average Price paid (€) Highest Price
paid (€) Lowest Price
paid (€) Total
Amount (€) 5 December 2024 Euronext Brussels 10 752 33.50 33.62 33.26 360 192
MTF CBOE 6 406 33.51 33.60 33.26 214 665
MTF Turquoise 1 054 33.53 33.56 33.48 35 341
MTF Aquis 966 33.52 33.58 33.42 32 380 6 December 2024 Euronext Brussels 10 395 33.88 34.12 33.66 352 183
MTF CBOE 5 991 33.88 34.12 33.68 202 975
MTF Turquoise 977 33.86 34.08 33.68 33 081
MTF Aquis 812 33.87 34.08 33.70 27 502 9 December 2024 Euronext Brussels 9 765 34.08 34.26 33.82 332 791
MTF CBOE 6 089 34.08 34.22 33.80 207 513
MTF Turquoise 789 34.10 34.20 33.84 26 905
MTF Aquis 591 34.08 34.24 33.98 20 141 10 December 2024 Euronext Brussels 7 285 33.85 33.96 33.72 246 597
MTF CBOE 4 392 33.86 33.96 33.72 148 713
MTF Turquoise 709 33.85 33.96 33.74 24 000
MTF Aquis 589 33.84 33.90 33.78 19 932 11 December 2024 Euronext Brussels 8 402 33.74 33.96 33.14 283 483
MTF CBOE 3 789 33.75 33.98 33.28 127 879
MTF Turquoise
MTF Aquis
Total
79 753 33.82 34.26 33.14 2 696 274 Liquidity agreement
In 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 4 356 shares during the period from 5 December 2024 to 11 December 2024 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 8 420 shares on Euronext Brussels.
The tables below provide an overview of the transactions under the liquidity agreement during the period from 5 December 2024 to 11 December 2024:
Purchase of shares Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€) 5 December 2024 800 33.40 33.50 33.18 26 720 6 December 2024 600 33.71 33.80 33.64 20 226 9 December 2024 400 33.85 33.90 33.80 13 540 10 December 2024 1 200 33.76 33.90 33.70 40 512 11 December 2024 1 356 33.33 33.44 33.10 45 195 Total 4 356
146 193
Sale of shares Date Number of Shares Average Price (€) Highest Price (€) Lowest Price (€) Total Amount (€) 5 December 2024 1 900 33.49 33.60 33.40 63 631 6 December 2024 2 000 33.89 34.10 33.60 67 780 9 December 2024 2 700 34.08 34.30 33.80 92 016 10 December 2024 0 0.00 0.00 0.00 0 11 December 2024 1 820 33.76 34.00 33.44 61 443 Total 8 420
284 870 The balance held by Bekaert under the liquidity agreement at the end of the period is 40 738 shares.
On 11 December 2024 after closing of the market, Bekaert holds 2 086 490 own shares, or 3.84% of the total number of the outstanding shares.
This information is also made available on the investor relations pages of our website.
Attachment
p241213E – Bekaert – Update on the Share Buyback Program and the Liquidity Agreement
