Release details

2017-06-19 17:40 CEST
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Regulated information - Ageas reports on the progress of share buy-back programme

Further to the initiation of the share buy-back programme announced on 10 August 2016, Ageas reports the purchase of 63,287 Ageas shares on NYSE Euronext Brussels in the period from 12-06-2017 until 16-06-2017.

Date Number of
Shares
Total amount
(EUR)
Average price
(EUR)
Lowest price
(EUR)
Highest price
(EUR)
12-06-2017 10,000 363,937 36.39 36.26 36.56
13-06-2017 10,000 366,778 36.68 36.45 36.80
14-06-2017 10,669 393,451 36.88 36.65 37.10
15-06-2017 14,523 529,737 36.48 36.31 36.77
16-06-2017 18,095 660,185 36.48 36.38 36.72
Total 63,287 2,314,088 36.57 36.26 37.10

Since the start of the share buy-back programme on 15 August 2016, Ageas has bought back 5,901,829 shares for a total amount of EUR 209,589,060. This corresponds to 2.82% 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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