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

Update on the Share Buyback Program and the Liquidity Agreement

Period from 27 February 2025 to 5 March 2025

Share Buyback Program
On 28 February 2025, Bekaert announced the start of the next tranche of its share buyback program, for a total maximum consideration of up to € 25 million. As announced previously, the purpose of the Program is to cancel all shares repurchased.

Bekaert announces today that during the period from 27 February 2025 to 5 March 2025, Kepler Cheuvreux SA on behalf of Bekaert has bought 62 692 shares.

The table below provides an overview of the transactions under the Program during the period from 27 February 2025 to 5 March 2025:

	Repurchase of shares
Date	Market	Number of Shares	Average Price paid (€)	Highest Price paid (€)	Lowest Price paid (€)	Total Amount (€)
27 February 2025	Euronext Brussels					—
	MTF CBOE					—
	MTF Turquoise					—
	MTF Aquis					—
28 February 2025	Euronext Brussels	5 930	34.50	35.28	33.38	204 585
	MTF CBOE	5 649	34.48	35.32	33.22	194 778
	MTF Turquoise	1 134	34.52	35.12	33.38	39 146
	MTF Aquis	617	34.59	35.18	33.68	21 342
3 March 2025	Euronext Brussels	7 266	35.16	35.48	34.48	255 473
	MTF CBOE	6 534	35.16	35.48	34.72	229 735
	MTF Turquoise	1 384	35.20	35.44	35.00	48 717
	MTF Aquis	796	35.21	35.44	34.94	28 027
4 March 2025	Euronext Brussels	7 504	32.93	34.28	32.12	247 107
	MTF CBOE	6 652	32.91	34.18	32.20	218 917
	MTF Turquoise	1 410	33.28	34.10	33.12	46 925
	MTF Aquis	802	33.22	33.86	33.10	26 642
5 March 2025	Euronext Brussels	8 013	33.57	34.00	33.24	268 996
	MTF CBOE	6 839	33.57	33.94	33.26	229 585
	MTF Turquoise	1 376	33.58	33.94	33.28	46 206
	MTF Aquis	786	33.55	33.92	33.28	26 370
Total		62 692	34.02	35.48	32.12	2 132 551

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 7 000 shares during the period from 27 February 2025 to 5 March 2025 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 10 269 shares on Euronext Brussels.

The tables below provide an overview of the transactions under the liquidity agreement during the period from 27 February 2025 to 5 March 2025:

	Purchase of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
27 February 2025	600	34.21	34.36	34.10	20 526
28 February 2025	2 400	33.52	33.60	33.20	80 448
3 March 2025	1 400	34.79	35.20	34.20	48 706
4 March 2025	2 400	33.42	34.24	32.60	80 208
5 March 2025	200	33.30	33.30	33.30	6 660
Total	7 000				236 548

	Sale of shares
Date	Number of Shares	Average Price (€)	Highest Price (€)	Lowest Price (€)	Total Amount (€)
27 February 2025	2 000	34.48	34.70	34.30	68 960
28 February 2025	3 169	34.42	35.20	33.80	109 077
3 March 2025	1 500	35.27	35.50	35.00	52 905
4 March 2025	0	0.00	0.00	0.00	0
5 March 2025	3 600	33.46	33.90	32.80	120 456
Total	10 269				351 398

The balance held by Bekaert under the liquidity agreement at the end of the period is 36 833 shares.

On 5 March 2025 after closing of the market, Bekaert holds 2 655 118 own shares, or 4.89% of the total number of the outstanding shares.

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

 

Attachment

• p250307E - Bekaert - Update on the Share Buyback Program and the Liquidity Agreement