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

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