Ageas reports on the progress of share buy-back programme
October 07 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 7 August 2019, Ageas reports the purchase
of 141,202 Ageas shares on
Euronext Brussels in the period from
30-09-2019 until
04-10-2019
Date
|
Number of
Shares
|
Total amount
(EUR)
|
Average price
(EUR)
|
Lowest price
(EUR)
|
Highest price
(EUR)
|
30-09-2019
|
7,500
|
381,998
|
50.93
|
50.84
|
51.00
|
01-10-2019
|
20,202
|
1,023,417
|
50.66
|
50.52
|
50.92
|
02-10-2019
|
40,000
|
1,983,776
|
49.59
|
49.16
|
50.28
|
03-10-2019
|
40,000
|
1,952,424
|
48.81
|
48.46
|
49.00
|
04-10-2019
|
33,500
|
1,652,277
|
49.32
|
48.94
|
49.56
|
Total
|
141,202
|
6,993,892
|
49.53
|
48.46
|
51.00
|
Since the start of the share buy-back programme on 19 August 2019,
Ageas has bought back 429,542 shares for a total amount of EUR
21,236,912. This corresponds to 0.22% 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%).
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