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Bekaert Updates on Share Buyback and Liquidity Agreement

Story Highlights
  • Bekaert repurchased 39,145 shares as part of its €25 million buyback initiative.
  • Under its liquidity agreement, Bekaert bought 1,701 and sold 5,818 shares during the period.
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Bekaert Updates on Share Buyback and Liquidity Agreement

An announcement from Bekaert SA ( (GB:0OQJ) ) is now available.

Bekaert has updated its stakeholders on its share buyback program, revealing that 39,145 shares were repurchased between February 6 and February 12, 2025, as part of a €25 million buyback initiative aimed at canceling repurchased shares. Additionally, under its liquidity agreement, Bekaert bought 1,701 shares and sold 5,818 shares in the same period, maintaining a balance of 37,688 shares under the agreement, which reflects Bekaert’s strategic financial management and market positioning.

More about Bekaert SA

Bekaert is a global leader in material science focused on steel wire transformation and coating technologies, with a mission to innovate in markets such as new mobility, low-carbon construction, and green energy. Founded in 1880 and headquartered in Belgium, Bekaert employs 24,000 people worldwide and generated €5.3 billion in sales in 2023.

YTD Price Performance: 6.41%

Average Trading Volume: 2,101

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €1.76B

For detailed information about 0OQJ stock, go to TipRanks’ Stock Analysis page.

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