Ageas reports on the progress of share buy-back programme

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News Desk 2018
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Ageas reports on the progress of share buy-back programme

Further to the initiation of the share buy-back programme announced on 9 August 2017, Ageas reports the purchase of 49,391 Ageas shares on NYSE Euronext Brussels in the period from 16-10-2017 until 20-10-2017.

Date Number of Shares Total amount (EUR) Average price (EUR) Lowest price (EUR) Highest price (EUR)
16-10-2017 10,889 437,826 40.21 40.06 40.28
17-10-2017 14,502 584,313 40.29 40.10 40.56
18-10-2017 8,000 324,278 40.53 40.40 40.68
19-10-2017 8,000 326,814 40.85 40.67 41.05
20-10-2017 8,000 331,270 41.41 41.22 41.60
Total 49,391 2,004,500 40.58 40.06 41.60

Since the start of the share buy-back programme on 21 August 2017, Ageas has bought back 885,127 shares for a total amount of EUR 34,635,623. This corresponds to 0.42% of the total shares outstanding.

The overview relating to the share buy-back programme is available on our website .

Ageas is a listed international insurance Group with a heritage spanning 190 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, Luxembourg, France, Italy, 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 40,000 people and reported annual inflows close to EUR 32 billion in 2016 (all figures at 100%).

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