NV Bekaert SA (0OQJ), the Belgian steel wire transformation and coating specialist, has published its latest share buyback update covering the period from 29 October 2026 to 4 November 2026. Acting through broker Kepler Cheuvreux, Bekaert repurchased 36,673 shares at a total cost of €1,488,880 under a programme launched on 26 February 2026, with a maximum consideration of up to €75 million. The announcement also covers activity under Bekaert's renewed liquidity agreement with Kepler Cheuvreux, which was originally disclosed on 25 June 2024. Investors tracking the programme will note that Bekaert now holds 1,869,367 own shares, representing 3.79% of total outstanding shares as at 4 November 2026.

Key Points

  • NV Bekaert SA (0OQJ), listed on Euronext Brussels
  • Bekaert repurchased 36,673 shares between 29 October and 4 November 2026 via Kepler Cheuvreux under its ongoing €75 million share buyback programme
  • Total consideration for the period was €1,488,880, with an average price paid of €40.60 per share; the highest price paid was €41.35
  • Investors should watch the pace of buybacks relative to the €75 million programme ceiling, as all repurchased shares are intended for cancellation

Bekaert Repurchases 36,673 Shares Across Euronext Brussels and MTF CBOE in Five Trading Sessions

Kepler Cheuvreux executed Bekaert's buyback transactions across two venues during the reporting period: Euronext Brussels and MTF CBOE. On each of the five trading days — 29 October, 30 October, 2 November, 3 November and 4 November 2026 — purchases were split between the two platforms. The average price paid across the full period was €40.60 per share, with the lowest price recorded at €40.05 on 29 and 30 October, and the highest at €41.35 on 4 November. The total outlay for the period reached €1,488,880, according to the transaction tables disclosed in the company update.

Bekaert's €75 Million Cancellation Programme Launched February 2026 Remains Active

The programme under which these purchases were made was announced by Bekaert on 26 February 2026, with a stated maximum consideration of up to €75 million. The company has confirmed that the purpose of the programme is to cancel all shares repurchased, a mechanism commonly used to reduce the total share count and potentially enhance earnings per share over time. The announcement does not disclose the cumulative total spent to date under the full programme, nor how much of the €75 million ceiling remains available. Investors monitoring capital return progress will need to track successive weekly disclosures to build a running total.

Liquidity Agreement Activity Leaves Net Purchase of 233 Shares Under Kepler Cheuvreux Mandate

Separately, under the renewed liquidity agreement with Kepler Cheuvreux, Bekaert bought 2,234 shares and sold 2,001 shares on Euronext Brussels during the same period. Net purchases under the liquidity agreement therefore totalled 233 shares. The balance held by Bekaert under the liquidity agreement at the close of the period stood at 24,704 shares, as stated in the announcement. The liquidity agreement is distinct from the buyback programme and serves a market stabilisation function rather than a capital reduction objective.

Bekaert's Total Own Share Position Reaches 1,869,367 Shares or 3.79% of Outstanding Capital

Following market close on 4 November 2026, Bekaert reported holding 1,869,367 own shares in aggregate, equivalent to 3.79% of the total number of outstanding shares. This figure incorporates both the buyback programme and the liquidity agreement positions. The scale of the own-share position is a figure investors may monitor closely, as continued cancellations under the €75 million programme would progressively reduce the total share count. Bekaert has made this disclosure available through its investor relations pages in line with standard regulatory transparency requirements for listed companies.