Update on Bekaert's Share Buyback Program
Bekaert has recently taken significant steps in its ongoing share buyback program. Initially announced in a prior communication, the program is designed to repurchase shares worth a maximum of €25 million, with the primary goal of canceling the repurchased shares to boost the overall value of existing shares for investors.
Recent Transactions
Between 30 October 2025 and 5 November 2025, Bekaert, through Kepler Cheuvreux SA, successfully acquired 42,000 shares. This acquisition is an ongoing effort to reinforce its commitment to enhancing shareholder value.
Transaction Details
Here's a brief overview of the transactions performed during this timeframe:
Share Repurchases Overview
On specific dates, trades were executed across various markets. For instance, on 30 October 2025, Bekaert repurchased shares on Euronext Brussels at an average price of €36.24 and on MTF CBOE at an average of €36.26. Each transaction is meticulously recorded, showcasing transparency in activities conducted under the buyback program.
Liquidity Agreement with Kepler Cheuvreux
In addition to the buyback initiatives, a renewed liquidity agreement with Kepler Cheuvreux has also been established. This agreement aims to ensure stable trading conditions and enhance liquidity for Bekaert shares. During the same period mentioned above, Kepler Cheuvreux facilitated the purchase of an additional 5,410 shares and sold 3,400 shares from Bekaert's portfolio.
Contracts and Their Impact
These operations demonstrate Bekaert’s proactive approach in managing liquidity while also maintaining a robust share price. The agreed terms ensure that Bekaert can respond swiftly to market demands while supporting stock market efficiency.
Summary of Share Transactions
As of 5 November 2025, the company holds a total of 2,052,823 own shares, equating to approximately 3.96% of the total outstanding shares. This strategic move not only integrates Bekaert’s operational capabilities but also enhances the base of support for its investors, reflecting a strong commitment to maintaining and growing shareholder value.
Frequently Asked Questions
What is the primary goal of Bekaert's share buyback program?
The main aim is to repurchase and cancel shares to enhance the value of remaining shares for investors.
How many shares were bought back by Bekaert recently?
In the latest transactions, Bekaert repurchased a total of 42,000 shares.
What is the significance of the liquidity agreement with Kepler Cheuvreux?
This agreement aims to provide stable trading conditions and improve liquidity for Bekaert’s shares.
What percentage of shares does Bekaert currently hold?
As of the last update, Bekaert holds approximately 3.96% of its outstanding shares.
Where can I find more information about Bekaert’s financial activities?
Further details can be found on Bekaert's investor relations page on their official website.
