Update on the Liquidity Agreement
Period from October 27, 2022 to November 2, 2022
Liquidity Agreement
In connection with the renewed liquidity agreement with Kepler Cheuvreux, Bekaert announces today that Kepler Cheuvreux has purchased 7,700 shares on Euronext Brussels on Bekaert’s behalf in the period from October 27, 2022 to November 2, 2022. During the same period, Kepler Cheuvreux sold 5,200 shares on Euronext Brussels on behalf of Bekaert.
The following tables provide an overview of the transactions under the liquidity agreement in the period from October 27, 2022 to November 2, 2022:
| purchase of stocks | |||||
| date | number of shares | Average price (€) | Maximum price (€) | Lowest price (€) | Total amount (€) |
| October 27, 2022 | 1 600 | 28.00 | 28.10 | 27.90 | 44 800 |
| October 28, 2022 | 2 000 | 27.78 | 27.90 | 27.60 | 55 560 |
| October 31, 2022 | 0 | 0.00 | 0.00 | 0.00 | 0 |
| November 1, 2022 | 1 980 | 02/28 | 28.14 | 27.82 | 55 480 |
| November 2, 2022 | 2 120 | 27.76 | 27.90 | 27.60 | 58 851 |
| In total | 7 700 | — | — | — | 214 691 |
| sale of shares | |||||
| date | number of shares | Average price (€) | Maximum price (€) | Lowest price (€) | Total amount (€) |
| October 27, 2022 | 400 | 28.20 | 28.20 | 28.20 | 11 280 |
| October 28, 2022 | 1 000 | 27.85 | 27.90 | 27.82 | 27 850 |
| October 31, 2022 | 3 000 | 11/28 | 28.14 | 28.10 | 84 330 |
| November 1, 2022 | 800 | 28.40 | 28.40 | 28.40 | 22 720 |
| November 2, 2022 | 0 | 0.00 | 0.00 | 0.00 | 0 |
| In total | 5 200 | — | — | — | 146 180 |
The balance held by Bekaert under the liquidity agreement at the period end is 87,771 shares.
As of November 2, 2022 after market close, Bekaert holds 4,066,690 treasury shares or 6.89% of the total number of shares outstanding.
Related press release: September 2, 2022: Bekaert renews existing liquidity contract
This information is also made available on the Investor Relations pages of our website.
Continue to read on GlobeNewswire https://www.globenewswire.com/news-release/2022/11/04/2548493/0/en/Bekaert-Update-on-the-Liquidity-Agreement.html
