Bekaert buys back 48,186 shares for €2.0 million and reports liquidity agreement trades

The purchases, executed between July 23 and July 29, are part of a buyback tranche of up to €75 million, while separate liquidity-agreement trading left Bekaert holding 1,876,090 own shares.

Summary

Bekaert said it repurchased 48,186 shares between July 23, 2026 and July 29, 2026 for a total of €2,017,185 at an average price of €41.86 per share under the share buyback tranche it announced on February 26, 2026. The company said the tranche has a maximum consideration of up to €75 million and that all repurchased shares will be canceled. The purchases were carried out by Kepler Cheuvreux SA on behalf of Bekaert across Euronext Brussels, MTF CBOE, MTF Turquoise and MTF Aquis, with the highest price paid during the period at €42.50 and the lowest at €41.35. Separately, under the renewed liquidity agreement with Kepler Cheuvreux announced on June 25, 2024, Bekaert said 1,607 shares were bought and 2,803 shares were sold on Euronext Brussels during the same period. The balance held under the liquidity agreement stood at 22,058 shares at the end of the period. After market close on July 29, 2026, Bekaert said it held 1,876,090 own shares, representing 3.75% of the total number of outstanding shares.

Terms & Concepts
  • share buyback: A company’s repurchase of its own shares, often to cancel them or hold them in treasury.
  • liquidity agreement: An arrangement with a financial intermediary to trade a company’s shares to support market liquidity.
  • outstanding shares: The total number of a company’s shares currently held by investors, excluding canceled shares.