Bekaert SA (GB:0OQJ) has released an update.
Bekaert has initiated a liquidity contract with Kepler Cheuvreux to enhance the liquidity of its shares on Euronext Brussels, starting from July 1, 2024, for a 12-month period, with the possibility of renewal. The company has allocated 3.5 million euros for Kepler Cheuvreux to manage the purchase and sale of its shares under specific conditions, ensuring that Bekaert’s own shareholding does not exceed 20% of its shares in circulation.
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