Regulated information - Ageas reports on the progress of share buy-back programme


Further to the initiation of the share buy-back programme announced on 6 August 2014, Ageas reports the purchase of 58,500 Ageas shares on NYSE Euronext Brussels in the period from 24-11-2014 until 28-11-2014.

Date Number of
Shares
Total amount
(EUR)
Average price
(EUR)
Lowest price
(EUR)
Highest price
(EUR)
24-11-2014 14,500 413,855 28.54 28.45 28.71
25-11-2014 10,000 286,420 28.64 28.49 28.72
26-11-2014 11,500 329,710 28.67 28.53 28.76
27-11-2014 10,000 288,314 28.83 28.63 28.94
28-11-2014 12,500 359,101 28.73 28.62 28.90
Total 58,500 1,677,400 28.67 28.45 28.94

Since the start of the share buy-back programme on 11 August 2014, Ageas has bought back 2,454,502 shares for a total amount of EUR 63,138,595. This corresponds to 1.06% of the total shares outstanding.

Ageas is an international insurance group with a heritage spanning 190 years. Ranked among the top 20 insurance companies in Europe, Ageas has chosen to concentrate its business activities in Europe and Asia, which together make up the largest share of the global insurance market. These are grouped around four segments: Belgium, United Kingdom, Continental Europe and Asia and served through a combination of wholly owned subsidiaries and partnerships with strong financial institutions and key distributors around the world. Ageas operates successful partnerships in Belgium, the UK, Luxembourg, Italy, Portugal, Turkey, China, Malaysia, India and Thailand and has subsidiaries in France, Hong Kong and the UK. Ageas is the market leader in Belgium for individual life and employee benefits, as well as a leading Non-Life player through AG Insurance. In the UK, Ageas is the sixth largest Non-Life insurer with a number 2 position in cars insured and has a strong presence in the over 50's market. Ageas employs more than 13,000 people in the consolidated entities and over 30,000 in the non-consolidated partnerships, and has annual inflows of more than EUR 23 billion.
The overview relating to the share buy-back programme is available on our website.


Pièces jointes

pdf version press release
GlobeNewswire

Lecture recommandée