tiprankstipranks
Company Announcements

Bekaert Updates on Share Buyback Program and Liquidity Contract

Story Highlights
Bekaert Updates on Share Buyback Program and Liquidity Contract

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

Bekaert announced updates on its First Tranche share buyback program, purchasing 39,129 shares between February 13 and February 19, 2025, aiming to cancel all repurchased shares. Additionally, under a liquidity contract with Kepler Cheuvreux, Bekaert managed the purchase and sale of shares, holding 2,579,301 own shares by the end of the period. This strategic move could impact Bekaert’s market positioning and shareholder value.

More about Bekaert SA

Bekaert is a global leader in material science, specifically in steel wire transformation and coating technologies. The company also explores innovative materials and services for industries such as new mobility, low-carbon construction, and green energy. Founded in 1880 and headquartered in Belgium, Bekaert employs 24,000 people worldwide and reported global sales of €5.3 billion in 2023.

YTD Price Performance: 6.09%

Average Trading Volume: 2,128

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €1.77B

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

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1