Update on Bekaert's Share Buyback Program
Bekaert has recently made significant strides in its share buyback program. This initiative, which commenced after the announcement on 31 July 2025, aims to repurchase up to €25 million worth of shares. The objective of this program is to repurchase shares with the intent of canceling them, thereby enhancing shareholder value.
Recent Share Purchases
Between 25 September 2025 and 1 October 2025, Bekaert executed notable transactions with Kepler Cheuvreux acting on its behalf, during which a total of 40,270 shares were bought back. This initiative reflects Bekaert's commitment to strengthening its market position and providing returns to its investors.
Details of the Transaction
The transactions under this program during the specified period reveal an array of activities across different markets. For example, on 25 September 2025, Bekaert acquired 5,000 shares on Euronext Brussels at an average price of €39.91, resulting in a total expenditure of €199,550. Another transaction involved the acquisition of 3,000 shares on MTF CBOE at an average price of €39.90, showing the company's active engagement in various marketplaces.
Overview of Share Repurchases
Looking at the entire buyback initiative, the summary of transactions highlights the strategic approach Bekaert has taken. On 26 September 2025, 6,000 shares were procured at an average price of €40.04, similarly demonstrating effective market engagement. Across all trades, the average purchase price settled at €39.53, marking a significant investment from the company into itself.
Liquidity Agreement with Kepler Cheuvreux
In addition to the buyback program, Bekaert announced a renewed liquidity agreement with Kepler Cheuvreux, which allows for efficient transactions in extensive market conditions. This agreement is instrumental in ensuring that liquidity is maintained while Bekaert efficiently manages its share repurchase activities.
Transaction Highlights under the Liquidity Agreement
During the same period from 25 September to 1 October 2025, Kepler Cheuvreux reported a net acquisition and sale of shares on behalf of Bekaert, consisting of 4,001 shares bought and 4,011 shares sold on Euronext Brussels. This active management demonstrates the dual focus on enhancing liquidity while maintaining a regulated share portfolio.
Impact of Sales and Purchases
The summary of transactions indicates robust market activity. Bekaert made purchases on 29 September 2025, acquiring 1,400 shares at an average price of €39.79, which reflects a bullish stance on its stock. Meanwhile, sales of 1,000 shares that occurred on the same day were executed at a rate of €40.00, ensuring that Bekaert reaps benefits from its liquidity without compromising its market position.
Conclusion on Buyback and Liquidity Status
As of 1 October 2025, Bekaert holds approximately 1,827,364 own shares, amounting to 3.53% of the total shares currently outstanding. This strategy not only enhances shareholder confidence but also reinforces Bekaert's commitment to long-term value creation.
Bekaert remains dedicated to driving Shareholder Interests. The completely transparent nature of transactions, along with the strategic liquidity management through the agreement with Kepler Cheuvreux, underscores a proactive approach in both the buyback program and ongoing investment management.
Frequently Asked Questions
What is the significance of Bekaert's share buyback program?
The buyback program aims to cancel shares repurchased, enhancing shareholder value and demonstrating Bekaert's commitment to its investors.
Who is handling Bekaert's share transactions?
Kepler Cheuvreux is the financial institution managing Bekaert's buyback and liquidity transactions, ensuring effective market participation.
How many shares has Bekaert bought back recently?
Between 25 September and 1 October 2025, Bekaert bought back a total of 40,270 shares.
What does the liquidity agreement with Kepler Cheuvreux involve?
This agreement allows Bekaert to maintain liquidity while facilitating its share repurchase program effectively, thus managing its share portfolio efficiently.
What percentage of shares does Bekaert currently hold?
As of 1 October 2025, Bekaert holds approximately 1,827,364 shares, equating to 3.53% of its total outstanding shares.
