Update on the Share Buyback Program Period from 23 November 2023 to 29 November 2023 On 28 July 2023, Bekaert announced the start of the seventh tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Seventh Tranche). All shares bought as part of the Program will be cancelled. The purpose of the Program is to reduce the issued share capital of the company. Bekaert announces today that during the period from 23 November 2023 to 29 November 2023, Kepler Cheuvr
Bekaert announces the eighth tranche of its Share Buyback Program Bekaert closed the seventh tranche of the buyback program on 11 October 2023. In total, between 28 July 2023 and 11 October 2023, the company repurchased 699 463 ordinary shares for an aggregate consideration of € 30 million. Under the first seven tranches of the buyback program the company repurchased 5 522 266 ordinary shares for an aggregate consideration of € 202.8 million. Bekaert announces today that it will start the eighth
Trading update for the nine months to September 2023 Resilient performance in challenging markets; profit guidance for FY2023 Bekaert has delivered a resilient performance in the first nine months of 2023, despite many of our end markets remaining challenging. Sales of € 3 355 million (-13% against the same period in 2022) were lower in this period, as anticipated, from the reversal of raw material cost inflation and the normalization of energy surcharges in previous periods, and lower volumes,