Bekaert reports €1.96 million in share buybacks for July 9-15 and updates liquidity agreement activity
The steel wire maker said 48,656 shares were repurchased for cancellation during the week, while Kepler Cheuvreux bought and sold shares under a separate liquidity agreement on Euronext Brussels.
Bekaert said it repurchased 48,656 of its own shares between July 9 and July 15, 2026 under the tranche of its share buyback program launched on February 26, 2026, spending a total of €1,964,286 at an average price of €40.37 per share. The company said the program carries a maximum consideration of up to €75 million and that all repurchased shares are to be cancelled. Purchases during the week were executed by Kepler Cheuvreux SA on behalf of Bekaert across Euronext Brussels and MTF CBOE. For the same period, Bekaert said Kepler Cheuvreux bought 1,626 shares and sold 3,800 shares on Euronext Brussels under the renewed liquidity agreement announced on June 25, 2024. The balance held under that agreement stood at 24,080 shares at the end of the period. After the market close on July 15, 2026, Bekaert held 1,779,926 own shares, representing 3.56% of the total number of outstanding shares.
- share buyback program: A company plan to repurchase its own shares, often to reduce share count or return capital to investors.
- liquidity agreement: An arrangement with a financial intermediary to trade a company’s shares in order to support more regular market liquidity.
- MTF CBOE: A multilateral trading facility operated by Cboe where shares can be traded alongside primary stock exchanges.