Update on the Share Buyback Program Period from 5 October 2023 to 11 October 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 5 October 2023 to 11 October 2023, Kepler Cheuvreux...
Update on the Share Buyback Program Period from 21 September 2023 to 27 September 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 21 September 2023 to 27 September 2023, Kepler...
Update on the Share Buyback Program Period from 7 September 2023 to 13 September 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 7 September 2023 to 13 September 2023, Kepler...
Update on the Share Buyback Program Period from 31 August 2023 to 6 September 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 31 August 2023 to 6 September 2023, Kepler...
Update on the Share Buyback Program and the Liquidity Agreement Period from 20 July 2023 to 26 July 2023 Share Buyback Program On 10 May 2023 , Bekaert announced the start of the sixth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Sixth 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 20 July...
Bekaert announces change in the Board of Directors Bekaert announces today that Gregory Dalle has resigned as a Director and is stepping down from the Board with effect from 31 July 2023. The resignation follows Gregory’s recent appointment as Managing Director at Citi with associated duties and obligations. He joined the Board in May 2015 and was a member of the Audit, Risk and Finance Committee. " On behalf of the Board of Directors, I thank Greg for his commitment and dedication to the...
Bekaert announces CEO succession Oswald Schmid, Chief Executive Officer and member of the Board of Directors of Bekaert, will retire on 31 August 2023 after having led the company successfully over the past three years. He also will step down as Director on the same date. The Board of Directors of Bekaert has appointed Yves Kerstens as Chief Executive Officer. Yves was already a member of the Bekaert Group Executive and was Divisional CEO of Bekaert’s Specialty Businesses. The appointment...
2023 Half Year Results Another period of strategic progress and financial resilience in difficult markets Sales at € 2.3 billion • EBITu of € 226 million (margin 9.7%) • Free Cash Flow of € 80m • ROCE 20.5% • Net debt/EBITDAu of 0.8x Bekaert delivered another period of robust profitability and cash flows, and has addressed pro-actively weaker conditions in many of its end markets. Despite lower volumes, the core businesses continue to benefit from the successful execution of...
Update on the Share Buyback Program and the Liquidity Agreement Period from 6 July 2023 to 12 July 2023 Share Buyback Program On 10 May 2023 , Bekaert announced the start of the sixth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Sixth 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 6 July 2023...
Update on the Share Buyback Program and the Liquidity Agreement Period from 8 June 2023 to 14 June 2023 Share Buyback Program On 10 May 2023 , Bekaert announced the start of the sixth tranche of its buyback program, for a total maximum consideration of up to € 30 million (the Sixth 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 8 June 2023...
Update on the Liquidity Agreement Period from 4 May 2023 to 10 May 2023 Liquidity agreement In relation to the renewed liquidity agreement with Kepler Cheuvreux announced on 2 September 2022 , Bekaert announces today that Kepler Cheuvreux on behalf of Bekaert has bought 12 301 shares during the period from 4 May 2023 to 10 May 2023 on Euronext Brussels. During the same period, Kepler Cheuvreux on behalf of Bekaert has sold 5 201 shares on Euronext Brussels. The tables below provide an overview...
Trading update for the three months to March 2023 Resilient trading performance despite mixed trading environment In a mixed trading environment and compared with a strong prior period in Q1 2022, Bekaert has delivered a resilient performance in the first three months of 2023, with Consolidated Sales of € 1 194 million (-2% against the same period in 2022) and Combined Sales of € 1 467 million (-2%), both figures excluding the Steel Wire Solutions businesses in Chile and Peru subject to...
Update on the Share Buyback Program and the Liquidity Agreement Period from 27 April 2023 to 3 May 2023 Share Buyback Program On 1 March 202 3 , Bekaert announced the continuation of its program to buy back own shares for an additional amount of up to € 120 million (the "Program") and the immediate start of a fifth tranche of the Program for an aggregate amount of up to € 30 million. All shares bought as part of the Program will be cancelled. The purpose of the Program is to reduce the...
Update on the Share Buyback Program and the Liquidity Agreement Period from 30 March 2023 to 5 April 2023 Share Buyback Program On 1 March 202 3 , Bekaert announced the continuation of its program to buy back own shares for an additional amount of up to € 120 million (the "Program") and the immediate start of a fifth tranche of the Program for an aggregate amount of up to € 30 million. All shares bought as part of the Program will be cancelled. The purpose of the Program is to reduce the...
NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS The shareholders and the holders of debentures are requested to attend the Annual General Meeting of Shareholders to be held on Wednesday 10 May 2023 at 10:30 a.m. at Kortrijk Xpo Meeting Center, Doorniksesteenweg 216 (P6), 8500 Kortrijk (Belgium). Attachment p230331E - Bekaert AGM Notice...
Update on the Share Buyback Program and the Liquidity Agreement Period from 23 March 2023 to 29 March 2023 Share Buyback Program On 1 March 202 3 , Bekaert announced the continuation of its program to buy back own shares for an additional amount of up to € 120 million (the "Program") and the immediate start of a fifth tranche of the Program for an aggregate amount of up to € 30 million. All shares bought as part of the Program will be cancelled. The purpose of the Program is to reduce the...