Ageas reports on the progress of share buy-back programme

3/18/2019, 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 41,000 Ageas shares on Euronext Brussels in the period from 11-03-2019 until 15-03-2019.

Date Number of
Total amount
Average price
Lowest price
Highest price
11-03-2019 7,500 325,448 43.39 43.37 43.46
12-03-2019 8,000 347,040 43.38 43.25 43.60
13-03-2019 10,000 433,277 43.33 43.10 43.55
14-03-2019 8,000 351,716 43.96 43.67 44.07
15-03-2019 7,500 330,006 44.00 43.81 44.18
Total 41,000 1,787,487 43.60 43.10 44.18

Since the start of the share buy-back programme on 13 August 2018, Ageas has bought back 2,407,339 shares for a total amount of EUR 103,467,491. This corresponds to 1.19% 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 almost 200 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 45,000 people and reported annual inflows of over EUR 34 billion in 2018 (all figures at 100%). 

This announcement is distributed by West Corporation on behalf of West Corporation 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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