Regulated information - Ageas completes its EUR 250 million share buy-back programme

Ageas completed on Friday 5 August 2016 the share buy-back programme announced on
5 August 2015. Between 17 August 2015 and 5 August 2016, Ageas has bought back 6,977,544 shares corresponding to 3.22% of the total shares outstanding and totaling EUR 250 million.

Ageas currently holds the 4,751,194 shares bought back since 31 December 2015 as treasury shares. The 2,226,350 shares bought back until 31 December 2015 were cancelled following the decision of the General meeting of shareholders held on 27 April 2016. Together with other treasury shares held by Ageas, the total number of shares now owned amounts to 4.07%.

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 1 August - 5 August 2016 are the following:

Date Number of
Total amount
Average price
Lowest price
Highest price
Total 109,145 3,194,208 29.27 28.87 30.53

Ageas is a listed international insurance Group with a heritage spanning 190 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, Luxembourg, France, Italy, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam 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 40,000 people and reported annual inflows close to EUR 30 billion in 2015 (all figures at 100%).

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Source: Ageas via GlobeNewswire