Press release

Ageas reports on the progress of share buy-back programme

Further to the initiation of the share buy-back programme announced on 8 August 2018, Ageas reports the purchase of 37,500 Ageas shares on Euronext Brussels in the period from 08-04-2019 until 12-04-2019.

Date Number ofShares Total amount(EUR) Average price(EUR) Lowest price(EUR) Highest price(EUR)
08-04-2019 7,500 337,036 44.94 44.57 45.10
09-04-2019 7,500 337,709 45.03 44.82 45.32
10-04-2019 7,500 337,310 44.97 44.86 45.09
11-04-2019 7,500 339,583 45.28 44.99 45.39
12-04-2019 7,500 340,974 45.46 45.21 45.68
Total 37,500 1,692,612 45.14 44.57 45.68

Since the start of the share buy-back programme on 13 August 2018, Ageas has bought back 2,769,811 shares for a total amount of EUR 119,126,375. This corresponds to 1.36% of the total shares outstanding.

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

The next report on the progress of the share buy-back programme will be published on Tuesday 23 April 2018 at 17:40 given Monday 22 April 2018 is Easter Monday (public holiday).

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 over 45,000 people and reported annual inflows of over EUR 34 billion in 2018 (all figures at 100%).