Ageas Share Buy-Back Program Sees Significant Progress

Author: Evelyn Baker Updated: 04-28-2025 11:45 AM

Ageas Announces Update on Share Buy-Back Activities

In recent efforts to enhance shareholder value, Ageas, a prominent player in the insurance and asset management sector, has made strides in its share buy-back program. This initiative, which began in mid-September of a previous year, has already led to the purchase of over two million shares.

Recent Purchases Under the Share Buy-Back Program

In the latest reporting period, Ageas confirmed the acquisition of 21,383 shares between mid-April and late April of a current year. This follows a consistent strategy aimed at returning capital to shareholders and reflecting the company's robust financial health.

Details of Recent Share Transactions

During the specified period, the company has engaged in a series of transactions, contributing to a total of 21,383 shares bought back. The average price for these transactions settled at approximately 53.53 EUR per share, representing a strong market commitment.

Here’s a brief overview of the recent share transactions:

Date: 22 April - Shares: 6,217, Total Amount: 330,019 EUR
Date: 23 April - Shares: 4,674, Total Amount: 250,060 EUR
Date: 24 April - Shares: 5,842, Total Amount: 314,588 EUR
Date: 25 April - Shares: 4,650, Total Amount: 250,064 EUR

Total Shares and Financial Impact

Since the initial launch of the buy-back program, Ageas has successfully repurchased a total of 2,994,562 shares, translating to an impressive total expenditure of 147,864,703 EUR. This significant engagement has amounted to approximately 1.51% of the company's total outstanding shares.

Objectives of the Share Buy-Back Program

The primary goal of this ongoing program is to boost shareholder returns and signal confidence in the company's future prospects. By reducing the number of shares in circulation, Ageas aims to increase earnings per share and enhance value for its shareholders.

Ongoing Commitment to Shareholders

Ageas remains dedicated to maintaining transparency regarding its financial activities. Detailed reports and insights into the share buy-back program are consistently updated, reflecting the company's commitment to its stakeholders. Shareholders can find further information about the share buy-back program on the company’s official website.

Frequently Asked Questions

What is the purpose of the Ageas share buy-back program?

The program aims to increase shareholder value by buying back shares, thus reducing the total number of outstanding shares and boosting earnings per share.

How many shares have been bought back since the program started?

Since its inception, Ageas has repurchased a total of 2,994,562 shares.

What is the total expenditure on share buy-backs?

The total expenditure on the share buy-back program is approximately 147,864,703 EUR.

How does the buy-back program impact share price?

By reducing the number of shares available on the market, the buy-back program typically leads to an increase in share price, benefiting existing shareholders.

Where can I find more information on Ageas’ financial activities?

Additional details and updates regarding Ageas' financial activities, including the share buy-back program, can be found on their official website.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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