NV Bekaert SA, the Belgian steel wire transformation and coatings group listed on Euronext Brussels, has disclosed the latest weekly update on its ongoing share buyback programme and liquidity agreement. During the period from 5 November 2026 to 11 November 2026, broker Kepler Cheuvreux purchased 35,407 shares on Bekaert's behalf across multiple trading venues at a total cost of €1,445,523. The buyback forms part of a tranche launched on 26 February 2026 with a maximum consideration of up to €75 million, with all repurchased shares earmarked for cancellation. As at 11 November 2026 after market close, Bekaert held 1,890,841 own shares, representing 3.83% of total outstanding shares.

Key Points

  • NV Bekaert SA (0OQJ), Belgian steel wire transformation group listed on Euronext Brussels
  • Kepler Cheuvreux purchased 35,407 shares on Bekaert's behalf between 5 and 11 November 2026 under the active buyback programme
  • Total weekly spend of €1,445,523 at an average price of €40.83 per share; the broader tranche carries a maximum budget of €75 million
  • Investors should watch the pace of buyback activity relative to the €75 million ceiling and any further tranche announcements

Bekaert's €75 Million Buyback Tranche: Weekly Purchases Across Euronext Brussels and MTF Venues

Bekaert's current buyback tranche, announced on 26 February 2026, authorises repurchases up to a total maximum consideration of €75 million, with all acquired shares intended for cancellation rather than treasury retention. During the five trading days to 11 November 2026, Kepler Cheuvreux executed purchases across Euronext Brussels and MTF CBOE. Average daily prices ranged from €40.01 on 6 November to €41.50 on 11 November, with the weekly average settling at €40.83 per share. The highest single transaction price recorded across the period was €42.20, while the lowest was €39.75, reflecting measured intraday price variation throughout the week.

Liquidity Agreement Activity: 2,967 Shares Bought and 3,400 Shares Sold via Kepler Cheuvreux

Separately from the buyback programme, Bekaert also operates a liquidity agreement with Kepler Cheuvreux, renewed on 25 June 2024. Under this arrangement during the same weekly period, Kepler Cheuvreux purchased 2,967 shares on Euronext Brussels at a total cost of €119,714, while selling 3,400 shares for total proceeds of €140,048. The net effect of these liquidity transactions left the balance held under the agreement at 24,271 shares at the close of the period. The liquidity agreement is a distinct mechanism from the cancellation-focused buyback programme and serves to support orderly trading conditions in Bekaert's shares.

Bekaert's Total Own-Share Position Reaches 1,890,841 Shares or 3.83% of Outstanding Capital

Following both sets of transactions, the company's disclosed total own-share holding as of 11 November 2026 after market close stood at 1,890,841 shares, equating to 3.83% of Bekaert's total outstanding share capital. This cumulative position reflects the ongoing progress of the cancellation-orientated buyback programme alongside the separately managed liquidity agreement balance. Investors monitoring capital return activity may note that the scale of weekly purchases and the size of the overall tranche budget indicate a structured, broker-executed approach typical of European-listed industrial companies operating under strict market abuse regulation frameworks.