Ageas reports on the progress of share buy-back programme

Further to the initiation of the share buy-back programme announced on 9 August 2017, Ageas reports the purchase of 40,000 Ageas shares on NYSE Euronext Brussels in the period from 21-05-2018 until 25-05-2018.

Date Number of
Shares
Total amount
(EUR)
Average price
(EUR)
Lowest price
(EUR)
Highest price
(EUR)
21-05-2018 8,000 361,358 45.17 44.97 45.35
22-05-2018 8,000 365,854 45.73 45.66 45.81
23-05-2018 8,000 362,313 45.29 45.17 45.69
24-05-2018 8,000 364,180 45.52 45.19 45.79
25-05-2018 8,000 364,529 45.57 45.35 45.77
Total 40,000 1,818,234 45.46 44.97 45.81

Since the start of the share buy-back programme on 21 August 2017, Ageas has bought back 3,587,475 shares for a total amount of EUR 148,328,521. This corresponds to 1.77% 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, 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 50,000 people and reported annual inflows close to EUR 34 billion in 2017 (all figures at 100%).

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