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 124,364 Ageas shares on NYSE Euronext Brussels in the period from 11-12-2017 until 15-12-2017.

Date Number of
Shares
Total amount
(EUR)
Average price
(EUR)
Lowest price
(EUR)
Highest price
(EUR)
11-12-2017 8,000 334,963 41.87 41.69 42.10
12-12-2017 25,000 1,037,253 41.49 41.33 41.85
13-12-2017 15,000 624,476 41.63 41.54 41.80
14-12-2017 36,364 1,512,870 41.60 41.39 41.73
15-12-2017 40,000 1,642,940 41.07 40.84 41.51
Total 124,364 5,152,501 41.43 40.84 42.10

Since the start of the share buy-back programme on 21 August 2017, Ageas has bought back 1,635,024 shares for a total amount of EUR 65,363,927. This corresponds to 0.78% of the total shares outstanding.

The overview relating to the share buy-back programme is available on our website.

As our offices are closed for the Christmas Holidays, the next report on the progress of the share buy-back programme will be published on Wednesday 27 December 2017 at 17:40.

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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