• Ageas reports on the progress of share buy-back programme

    Source: Nasdaq GlobeNewswire / 28 Feb 2022 11:40:00   America/New_York

    Further to the initiation of the share buy-back programme announced on 11 August 2021, Ageas reports the purchase of 106,201 Ageas shares in the period from 21-02-2022 until 25-02-2022.

    Date Number of
    Shares
    Total amount
    (EUR)
    Average price
    (EUR)
    Lowest price
    (EUR)
    Highest price
    (EUR)
    21-02-2022 30,860 1,308,614 42.40 42.11 43.32
    22-02-2022 5,000 209,749 41.95 40.96 42.36
    23-02-2022 10,156 451,697 44.48 43.37 45.55
    24-02-2022 55,985 2,338,621 41.77 40.90 42.63
    25-02-2022 4,200 180,636 43.01 41.61 44.05
    Total 106,201 4,489,317 42.27 40.90 45.55

    Since the start of the share buy-back programme on 1 September 2021, Ageas has bought back 2,048,638 shares for a total amount of EUR 88,484,473. This corresponds to 1.07% 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 about 40,000 people and reported annual inflows close to EUR 40 billion in 2021 (all figures at 100%).

    Attachment


Share on,