Ageas completes its 2017-2018 share buy-back programme
Ageas completed on Friday 3 August 2018 the share buy-back programme announced on 9 August 2017. Between 21 August 2017 and 3 August 2018, Ageas has bought back 4,772,699 shares corresponding to 2.35% of the total shares outstanding and totalling EUR 200 million.
The 1,924,024 shares bought back until 31 December 2017 within the 2017-2018 programme, were cancelled following the decision of the General meeting of shareholders held on 16 May 2018. Ageas currently holds the 2,704,795 shares bought back since 31 December 2017 as treasury shares, taking into account deducted shares used for senior management share-plans. Together with other treasury shares held by Ageas, the total number of shares now owned amounts to 3.29% of shares issued.
Ageas's Board will propose to its shareholders at the next shareholders meeting the cancellation of all the shares bought back, after deduction of the shares to cover the commitment to share-plans granted to senior management.
The overview of the completed share buy-back programme is available on our website.
The final transactions in the period 30-07-2018 until 03-08-2018 are the following:
| Date | Number ofShares | Total amount(EUR) | Average price(EUR) | Lowest price(EUR) | Highest price(EUR) |
| 30-07-2018 | 30,000 | 1,376,457 | 45.88 | 45.74 | 46.04 |
| 31-07-2018 | 28,000 | 1,293,253 | 46.19 | 45.94 | 46.44 |
| 01-08-2018 | 30,000 | 1,382,862 | 46.10 | 45.82 | 46.32 |
| 02-08-2018 | 30,446 | 1,381,603 | 45.38 | 45.16 | 45.50 |
| 03-08-2018 | 4,383 | 199,791 | 45.58 | 45.49 | 45.60 |
| Total | 122,829 | 5,633,966 | 45.87 | 45.16 | 46.44 |