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Bekaert - Update on the Share Buyback Program and Liquidity Agreement
Globenewswire· 2025-04-11 06:15
Share Buyback Program - Bekaert announced a new tranche of its share buyback program with a maximum consideration of up to €25 million, aimed at canceling all repurchased shares [1][2] - During the period from 3 April 2025 to 9 April 2025, a total of 70,000 shares were repurchased at an average price of €29.92, totaling €2,094,551 [2][6] Liquidity Agreement - Under the renewed liquidity agreement with Kepler Cheuvreux, Bekaert purchased 9,300 shares and sold 5,200 shares during the same period [3][5] - The total amount spent on purchasing shares under the liquidity agreement was €277,699, while the total amount received from sales was €155,210 [5] Shareholding Status - As of 9 April 2025, Bekaert holds 2,981,377 own shares, representing 5.49% of the total outstanding shares [6]