Ageas reports on the progress of share buy-back programme


Further to the initiation of the share buy-back programme announced on 7 August 2019, Ageas reports the purchase of 37,500 Ageas shares on Euronext Brussels in the period from 30-03-2020 until 03-04-2020.

Date Number of
Shares
Total amount
(EUR)
Average price
(EUR)
Lowest price
(EUR)
Highest price
(EUR)
30-03-2020 7,500 259,171 34.56 31.91 35.89
31-03-2020 7,500 277,303 36.97 35.34 38.36
01-04-2020 7,500 255,983 34.13 33.09 35.77
02-04-2020 7,500 277,172 36.96 35.97 37.92
03-04-2020 7,500 268,426 35.79 34.59 36.81
Total 37,500 1,338,053 35.68 31.91 38.36

Since the start of the share buy-back programme on 19 August 2019, Ageas has bought back 2,963,786 shares for a total amount of EUR 136,993,161. This corresponds to 1.49% 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 14 April 2020 at 17:40 given Monday 13 April 2020 is Easter Monday (public holiday).

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 close to EUR 36 billion in 2019 (all figures at 100%).

 

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