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Ageas reports on the progress of share buy-back programme
Source: Nasdaq GlobeNewswire / 25 Oct 2021 11:40:00 America/New_York
Ageas reports on the progress of share buy-back programme
Further to the initiation of the share buy-back programme announced on 11 August 2021, Ageas reports the purchase of 42,845 Ageas shares in the period from 18-10-2021 until 22-10-2021.
Date Number of
SharesTotal amount
(EUR)Average price
(EUR)Lowest price
(EUR)Highest price
(EUR)18-10-2021 18,000 734,358 40.80 40.54 41.18 19-10-2021 11,815 484,376 41.00 40.69 41.24 20-10-2021 4,360 180,384 41.37 41.19 41.56 21-10-2021 4,370 180,336 41.27 41.03 41.64 22-10-2021 4,300 180,241 41.92 41.31 42.26 Total 42,845 1,759,695 41.07 40.54 42.26 Since the start of the share buy-back programme on 1 September 2021, Ageas has bought back 617,380 shares for a total amount of EUR 25,429,357. This corresponds to 0.32% 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 over 45,000 people and reported annual inflows of over EUR 36 billion in 2020 (all figures at 100%).
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