Ageas completes its 2018-2019 share buy-back programme

Ageas completed on Friday 2 August 2019 the share buy-back programme announced on 8 August 2018. Between 13 August 2018 and 2 August 2019, Ageas has bought back 4,501,516 shares corresponding to 2.27% of the total shares outstanding and totalling EUR 200 million.

The 1,943,077 shares bought back until 31 December 2018 within the 2018-2019 programme, were cancelled following the decision of the General meeting of shareholders held on 15 May 2019. Ageas currently holds the 2,486,706 shares bought back since 31 December 2018 as treasury shares, taking into account deducted shares used for senior management share-plans. Together with other treasury shares held by Ageas, the total number of shares now owned amounts to 3.28% of shares issued.

Ageas’s Board will propose to its shareholders at the next shareholders meeting the cancellation of all the shares bought back, after deduction of the shares to cover the commitment to share-plans granted to senior management.

The overview of the completed share buy-back programme is available on our website.

The final transactions in the period 29-07-2019 until 02-08-2019 are the following:

Date	Number ofShares	Total amount(EUR)	Average price(EUR)	Lowest price(EUR)	Highest price(EUR)
29-07-2019	40,000	1,951,880	48.80	48.62	48.89
30-07-2019	30,000	1,450,386	48.35	48.01	48.78
31-07-2019	25,000	1,214,723	48.59	48.42	48.73
01-08-2019	21,000	1,023,899	48.76	48.56	48.87
02-08-2019	20,329	974,336	47.93	47.73	48.13
Total	136,329	6,615,224	48.52	47.73	48.89

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%).

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