Ageas reports on the progress of share buy-back programme
May 06 2019 - 11:40AM
Ageas reports on the progress of share buy-back programme
Further to the initiation of the share buy-back
programme announced on 8 August 2018, Ageas reports the purchase
of 30,000 Ageas shares on
Euronext Brussels in the period from
29-04-2019 until
03-05-2019.
Date
|
Number of
Shares
|
Total amount
(EUR)
|
Average price
(EUR)
|
Lowest price
(EUR)
|
Highest price
(EUR)
|
29-04-2019
|
7,500
|
350,668
|
46.76
|
46.52
|
46.97
|
30-04-2019
|
7,500
|
351,844
|
46.91
|
46.82
|
47.00
|
01-05-2019
|
0
|
0
|
0.00
|
0.00
|
0.00
|
02-05-2019
|
7,500
|
353,092
|
47.08
|
48.64
|
47.28
|
03-05-2019
|
7,500
|
354,383
|
47.25
|
47.07
|
47.50
|
Total
|
30,000
|
1,409,987
|
47.00
|
46.52
|
47.50
|
Since the start of the share
buy-back programme on 13 August 2018, Ageas has bought back
2,859,811 shares for a total amount of EUR 123,320,919. This
corresponds to 1.41% 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 almost 200
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, France,
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 45,000 people and reported annual inflows of
over EUR 34 billion in 2018 (all figures at 100%).
- Pdf version press release
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