Ageas reports on the progress of share buy-back programme

5/14/2018, 5:40 PM (Source: GlobeNewswire)

Further to the initiation of the share buy-back programme announced on 9 August 2017, Ageas reports the purchase of 96,000 Ageas shares on NYSE Euronext Brussels in the period from 07-05-2018 until 11-05-2018.

Date Number of
Total amount
Average price
Lowest price
Highest price
07-05-2018 8,000 358,960 44.87 44.69 44.97
08-05-2018 8,000 359,802 44.98 44.79 45.10
09-05-2018 40,000 1,779,468 44.49 44.43 45.14
10-05-2018 20,000 893,114 44.66 44.47 44.89
11-05-2018 20,000 891,402 44.57 44.43 44.74
Total 96,000 4,282,746 44.61 44.43 45.14

Since the start of the share buy-back programme on 21 August 2017, Ageas has bought back 3,404,475 shares for a total amount of EUR 140,164,007. This corresponds to 1.63% of the total shares outstanding.

The overview relating to the share buy-back programme is available on our website.

The next report on the progress of the share buy-back programme will be published on Tuesday 22 May 2018 at 17:40 given Monday 21 May 2018 is Whit Monday (public holiday).

Ageas is a listed international insurance Group with a heritage spanning 190 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow. As one of Europe's larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, Luxembourg, France, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of over 50,000 people and reported annual inflows close to EUR 34 billion in 2017 (all figures at 100%).

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ageas via Globenewswire

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