Bekaert's Strategic Moves: A Dive into Share Buybacks and Market Maneuvering
Bekaert: Update on Share Buyback Program and Liquidity Agreement
Stay informed about Bekaert's latest developments in its share buyback program and liquidity agreement. This update covers the period from April 10 to April 16, 2025, highlighting key transactions and overall share management.
Key Highlights
Share Buyback Program
- Announcement Date: February 28, 2025
- Total Maximum Consideration: Up to €25 million
- Purpose: To cancel all repurchased shares
Transactions Overview (April 10 - April 16, 2025)
- Shares Bought: 69,183 shares by Kepler Cheuvreux SA on behalf of Bekaert.
Liquidity Agreement
- Renewal Announcement Date: June 25, 2024
- Liquidity Provider: Kepler Cheuvreux
Transactions Overview (April 10 - April 16, 2025)
- Shares Bought: 1,600 shares
- Shares Sold: 7,000 shares
- Balance Held: 36,067 shares at the end of the period
Current Shareholding Status
- Total Own Shares Held: 3,045,160 shares
- Percentage of Outstanding Shares: 5.61%
Conclusion
Bekaert continues to effectively manage its share buyback program and liquidity agreement, demonstrating commitment to shareholder value and market stability. For further details, this information is available on the investor relations section of the Bekaert website.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research or consult a licensed financial advisor before making investment decisions.