Ageas reports on the progress of share buy-back programme

1/14/2019, 5:40 PM (Source: GlobeNewswire)

Further to the initiation of the share buy-back programme announced on 8 August 2018, Ageas reports the purchase of 72,500 Ageas shares on Euronext Brussels in the period from 07-01-2019 until 11-01-2019.

Date Number of
Shares
Total amount
(EUR)
Average price
(EUR)
Lowest price
(EUR)
Highest price
(EUR)
07-01-2019 40,000 1,523,716 38.09 37.56 38.56
08-01-2019 7,500 288,743 38.50 38.30 38.67
09-01-2019 10,000 387,159 38.72 38.54 38.96
10-01-2019 7,500 291,388 38.85 38.52 39.32
11-01-2019 7,500 297,349 39.65 39.47 39.82
Total 72,500 2,788,355 38.46 37.56 39.82

Since the start of the share buy-back programme on 13 August 2018, Ageas has bought back 2,045,577 shares for a total amount of EUR 88,277,221. This corresponds to 1.01% of the total shares outstanding.

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

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, 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%).





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Source: Ageas via Globenewswire

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