# Bekaert Buyback Adds 35,407 Shares as Kepler Cheuvreux Runs €75 Million Program

> Bekaert's buyback added 35,407 shares through Kepler Cheuvreux in the November 5-11, 2026 window, lifting its treasury to 3.83% of shares outstanding.

- Published: 2026-11-13T07:34:37+00:00
- Section: Dividends & Buybacks
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-13/bekaert-buyback-kepler-cheuvreux-shares
- Source: [GlobeNewswire](https://www.globenewswire.com/news-release/2026/11/13/3402396/0/nl/bekaert-update-over-het-inkoopprogramma-van-eigen-aandelen-en-de-liquiditeitsovereenkomst.html)

## Key takeaways

- Kepler Cheuvreux bought 35,407 Bekaert shares for the buyback program between November 5 and November 11, 2026, at an average of €40.83.
- Bekaert held 1,890,841 own shares, or 3.83% of shares outstanding, after the market closed on November 11, 2026.
- Under the liquidity agreement, Kepler Cheuvreux bought 2,967 shares and sold 3,400 shares in the same period, leaving a balance of 24,271 shares.

Bekaert said Kepler Cheuvreux bought 35,407 of its shares under its buyback program between November 5 and November 11, 2026, at an average price of €40.83. The Belgian steel wire and tire-reinforcement group announced the purchases in a [GlobeNewswire release](https://www.globenewswire.com/news-release/2026/11/13/3402396/0/nl/bekaert-update-over-het-inkoopprogramma-van-eigen-aandelen-en-de-liquiditeitsovereenkomst.html). Bekaert held 1,890,841 own shares, or 3.83% of shares outstanding, after the market closed on November 11, 2026.

## Bekaert's €75 Million Tranche and Kepler Cheuvreux's Role

Bekaert started the latest tranche of the program on February 26, 2026, for a total of up to €75 million, and the company said all repurchased shares will be cancelled. The 35,407 shares cost €1.4 million in total, with prices ranging from €39.75 to €42.20. Purchases ran on Euronext Brussels and the CBOE multilateral trading facility, while no trades were recorded on Turquoise or Aquis.

[Kepler Cheuvreux](https://akta.pro/company-profiles/0002ywr/kepler-cheuvreux) executed the trades on Bekaert's behalf. The brokerage has been expanding its electronic sales trading team, appointing Benjamin Rose as an electronic sales trader for its KCx platform from Rothschild & Co after 13 years, The TRADE reported on November 2, 2026.

## Bekaert's Buyback Pace Through October

Bekaert reported on October 30, 2026, that Kepler Cheuvreux bought 36,361 shares and sold 2,200 shares under the buyback and liquidity agreement during October 22-28, with the company holding 1,832,461 shares, or 3.71%, at period end, GlobeNewswire reported. TradingView reported on October 23, 2026, that Kepler Cheuvreux bought 41,000 shares and sold 4,400 shares under the liquidity agreement during October 15-21. GlobeNewswire reported on October 16, 2026, that Kepler Cheuvreux bought 41,500 shares on Bekaert's behalf during October 8-14 under the €75 million program.

## Nexteer and Siemens Buyback Disclosures

Peer buyback activity includes [Nexteer Automotive](https://www.tradingview.com/news/tradingview:ee7d7ddc65cd3:0-nexteer-automotive-approves-buyback-of-up-to-60m/), which approved its first share repurchase programme of up to US$60 million, TradingView reported on November 12, 2026. [Deutsche Telekom](https://www.finanznachrichten.de/nachrichten-2026-11/70077965-eqs-cms-deutsche-telekom-ag-veroeffentlichung-einer-kapitalmarktinformation-022.htm) bought 5,223,170 shares in its November 2-6 interim report, [FinanzNachrichten.de](https://www.finanznachrichten.de/nachrichten-2026-11/70001791-firstgroup-plc-transaction-in-own-shares-008.htm) reported on November 9, 2026. [Siemens](https://www.finanznachrichten.de/nachrichten-2026-11/70073136-eqs-cms-siemens-aktiengesellschaft-veroeffentlichung-einer-kapitalmarktinformation-022.htm) purchased 359,920 shares between November 2 and 8 in its 19th interim update, FinanzNachrichten.de reported on November 9, 2026.

## Bekaert's Dextra Deal Closing

Bekaert signed an agreement on November 5, 2026, to acquire Dextra, a sustainable construction reinforcement provider, for €140 million, with the deal expected to close in the first half of 2027 subject to regulatory approvals, GlobeNewswire reported.

## Companies in this story

- Bekaert · website: http://www.bekaert.com
- [Kepler Cheuvreux company profile](https://akta.pro/company-profiles/0002ywr/kepler-cheuvreux) · website: https://www.keplercheuvreux.com

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