Regulated information - Ageas reports on the progress of share buy-back programme
May 22 2017 - 11:40AM
Further to the
initiation of the share buy-back programme announced on 10 August
2016, Ageas reports the purchase of 260,000 Ageas shares on NYSE Euronext
Brussels in the period from 15-05-2017
until 19-05-2017.
| Date |
Number of
Shares |
Total amount
(EUR) |
Average price
(EUR) |
Lowest price
(EUR) |
Highest price
(EUR) |
|
15-05-2017 |
60,000 |
2,224,380 |
37.07 |
36.88 |
37.25 |
|
16-05-2017 |
60,000 |
2,221,296 |
37.02 |
36.82 |
37.24 |
|
17-05-2017 |
60,000 |
2,210,868 |
36.85 |
36.43 |
37.21 |
|
18-05-2017 |
50,000 |
1,815,515 |
36.31 |
36.00 |
36.66 |
|
19-05-2017 |
30,000 |
1,112,622 |
37.09 |
36.61 |
37.50 |
| Total |
260,000 |
9,584,681 |
36.86 |
36.00 |
37.50 |
Since the start of the share
buy-back programme on 15 August 2016, Ageas has bought back
5,569,990 shares for a total amount of EUR 197,573,771. This
corresponds to 2.66% 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%).
Pdf version press release
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Ageas via Globenewswire
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