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Monday, 20 November 2017

Ageas reports on the progress of share buy-back programme

Ageas    

Published: 17:40 CET 20-11-2017 /GlobeNewswire /Source: Ageas / : AGS /ISIN: BE0974264930

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 84,000 Ageas shares on NYSE Euronext Brussels in the period from 13-11-2017 until 17-11-2017.

Date

Number of

Shares

Total amount

(EUR)

Average price

(EUR)

Lowest price

(EUR)

Highest price

(EUR)

13-11-2017

40,000

1,620,364

40.51

40.32

40.65

14-11-2017

20,000

809,554

40.48

40.26

40.87

15-11-2017

8,000

324,590

40.57

40.28

40.81

16-11-2017

8,000

329,408

41.18

40.89

41.37

17-11-2017

8,000

326,261

40.78

40.58

40.98

Total

84,000

3,410,177

40.60

40.26

41.37

 

 

Since the start of the share buy-back programme on 21 August 2017, Ageas has bought back 1,276,500 shares for a total amount of EUR 50,655,612. This corresponds to 0.61% 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%).

 




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This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Ageas, Rue du Marquis - Markiesstraat 1, Brussels 1000, Belgium
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