Ageas Shares Buyback Programme Makes Notable Progress

Author: Hannah Lewis Updated: 06-02-2025 11:45 AM

Progress in the Ageas Share Buy-Back Programme

Following the launch of its share buy-back programme, Ageas has reported a significant purchase of 68,932 shares from May 26 to May 30.

Detailed Purchase Overview

During this period, the company displayed its commitment to enhancing shareholder value by purchasing these shares across the span of five days. The following table outlines the specifics of these transactions, showcasing the number of shares, total amounts in Euros, and price variations.

Transaction Summary

Here’s how the share purchases broke down:

Date: May 26, 2025 - 10,760 shares purchased at an average price of EUR 57.50.
Date: May 27, 2025 - 9,349 shares purchased at an average price of EUR 57.49.
Date: May 28, 2025 - 14,400 shares purchased at an average price of EUR 57.19.
Date: May 29, 2025 - 19,365 shares purchased at an average price of EUR 57.30.
Date: May 30, 2025 - 15,058 shares purchased at an average price of EUR 57.45.

Total Purchase Insights

In total, the shares acquired reached 68,932, with a combined investment of EUR 3,954,385 at an average price of EUR 57.37. This strategic move by Ageas reflects their proactive approach to enhancing shareholder returns.

Share Buy-Back Programme Highlights

Since the initiation of the programme back on September 16, 2024, Ageas has successfully bought back a total of 3,281,897 shares, amounting to EUR 164,104,202. This acquisition accounts for 1.65% of the total shares outstanding, indicating a robust commitment to returning value to shareholders.

Impact on Shareholders

This buy-back initiative not only improves the financial position of shareholders but also reflects Ageas's confidence in its growth and profitability. The ongoing programme is a strategic effort that underscores the company’s commitment to maximizing shareholder value.

Looking Ahead

As we move forward, shareholders can anticipate more updates regarding the share buy-back programme. Ageas is committed to transparency and will continue to provide detailed updates on its investor relations platforms.

Communication to Shareholders

Given the upcoming public holiday on June 9, shareholders should note that the press release for week 23 will be shared on June 10. This ensures that all stakeholders remain informed about the latest developments at Ageas.

Frequently Asked Questions

What is the Ageas share buy-back programme?

The Ageas share buy-back programme is a strategic initiative to repurchase its own shares to enhance shareholder value.

How many shares has Ageas bought back since the programme started?

Since the programme's initiation on September 16, 2024, Ageas has bought back 3,281,897 shares.

What was the total amount spent on the recent share purchases?

Ageas spent EUR 3,954,385 on the latest buy-back of 68,932 shares.

What percentage of the total shares outstanding does the buy-back represent?

The shares bought back represent approximately 1.65% of the total shares outstanding.

When will the next update on the buy-back programme be released?

The next update will be released on June 10, following the public holiday on June 9.

About The Author

Hi there, I'm Hannah Lewis, a writer and financial specialist of 36 years old committed to making money understandable and approachable to everyone. Years of working in the field have given me a thorough grasp of market trends, investment techniques, and economic fundamentals. My objective is to enable people, by means of understandable, useful guidance, to take charge of their financial destiny.

I have written many articles for financial blogs over my career that simplify difficult financial ideas into understandable insights. Being financially literate is a critical ability, and I am passionate about enabling people to confidently manage their financial lives. Regardless of your level of experience, my work will help you at every stage of the investment process. I appreciate being allowed to share in your success and financial expansion.

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