Ageas Share Buy-Back Program Progress Report
Regulated Information
Ageas has shared important updates on its ongoing share buy-back program. This strategic initiative was initiated earlier this year, reflecting the company's commitment to enhancing shareholder value.
Recent Share Repurchases
Through the share buy-back program, Ageas has successfully purchased a total of 105,596 shares between October 21 and October 25. These recent transactions are important indicators of the company’s strong financial health and strategic vision.
Detailed Purchase Data
Here’s a concise overview of the shares purchased during this specific period:
Share Transactions Overview
The table below summarises the buybacks made:
Date: 21-10-2024, Number of Shares: 21,186, Total Amount (EUR): 1,038,015, Average Price (EUR): 49.00, Lowest Price (EUR): 48.74, Highest Price (EUR): 49.26.
Date: 22-10-2024, Number of Shares: 21,188, Total Amount (EUR): 1,028,865, Average Price (EUR): 48.56, Lowest Price (EUR): 48.28, Highest Price (EUR): 48.86.
Date: 23-10-2024, Number of Shares: 20,842, Total Amount (EUR): 1,004,956, Average Price (EUR): 48.22, Lowest Price (EUR): 48.04, Highest Price (EUR): 48.72.
Date: 24-10-2024, Number of Shares: 20,572, Total Amount (EUR): 996,651, Average Price (EUR): 48.45, Lowest Price (EUR): 48.10, Highest Price (EUR): 48.60.
Date: 25-10-2024, Number of Shares: 21,808, Total Amount (EUR): 1,057,514, Average Price (EUR): 48.49, Lowest Price (EUR): 48.24, Highest Price (EUR): 48.72.
Total Summary of Buy-Backs
In total, Ageas has purchased 105,596 shares during this period for an aggregated total amount of EUR 5,126,001. The average price per share stands at EUR 48.54, showcasing disciplined buying strategies that cater to market conditions.
Overall Program Impact
Since the program's commencement on September 16, Ageas has successfully repurchased a total of 640,297 shares amounting to EUR 30,841,693. This effort equates to approximately 0.34% of the entire share capital. Such proactive actions underpin Ageas' strategy to bolster shareholder confidence and signify financial robustness.
Looking Forward
Ageas plans to continue evaluating market conditions and will adjust its purchase strategy as necessary to optimize shareholder value. The ongoing commitment to this buy-back initiative reflects the company's confidence in its business model and future profitability.
Frequently Asked Questions
What is Ageas' share buy-back program?
Ageas' share buy-back program is a strategic initiative aimed at purchasing its shares back from the market to increase shareholder value and optimize capital structure.
How many shares has Ageas bought back recently?
Recently, Ageas bought back 105,596 shares as reported from October 21 to October 25.
What was the average price per share for the recent buy-backs?
The average price per share during the recent buy-backs was EUR 48.54.
Since the program's inception, how many shares has Ageas purchased?
Since the program began on September 16, Ageas has purchased a total of 640,297 shares.
How does the buy-back program affect shareholders?
The buy-back program can benefit shareholders by potentially increasing share prices and providing a more favorable return on investment as the number of outstanding shares decreases.
