ENP Newswire - 11 June 2014
Release date- 10062014 - Further to the initiation of the share buy-back programme announced on 2 August 2013, Ageas reports the purchase of 100,024 Ageas shares on NYSE Euronext Brussels in the period from 02-06-2014 until 06-06-2014.
Date Number of
Shares Total amount
(EUR) Average price
(EUR) Lowest price
(EUR) Highest price
02-06-2014 16,744 518,764 30.98 30.82 31.27
03-06-2014 25,000 767,980 30.72 30.59 31.15
04-06-2014 24,230 739,211 30.51 30.41 30.84
05-06-2014 19,152 584,429 30.52 30.48 30.65
06-06-2014 14,898 455,800 30.59 30.49 30.69
Total 100,024 3,066,184 30.65 30.41 31.27
Since the start of the share buy-back programme on 12 August 2013, Ageas has bought back 5,212,339 shares for a total amount of EUR 161,890,503. This corresponds to 2.26% of the total shares outstanding.
The overview relating to the share buy-back programme is available on our website.
Ageas is an international insurance group with a heritage spanning 190 years. Ranked among the top 20 insurance companies in Europe, Ageas has chosen to concentrate its business activities in Europe and Asia, which together make up the largest share of the global insurance market. These are grouped around four segments: Belgium, United Kingdom, Continental Europe and Asia and served through a combination of wholly owned subsidiaries and partnerships with strong financial institutions and key distributors around the world. Ageas operates successful partnerships in Belgium, the UK, Luxembourg, Italy, Portugal, Turkey, China, Malaysia, India and Thailand and has subsidiaries in France, Hong Kong and the UK. Ageas is the market leader in Belgium for individual life and employee benefits, as well as a leading Non-Life player through AG Insurance. In the UK, Ageas is the sixth largest Non-Life insurer with a number 2 position in cars insured and has a strong presence in the over 50's market. Ageas employs more than 13,000 people in the consolidated entities and over 30,000 in the non-consolidated partnerships, and has annual inflows of more than EUR 23 billion.