PRESS RELEASE
Brussels / Utrecht, 25 January 2012 - 17:45
Regulated information - Ageas completes its EUR 250 million share buy-back programme
Ageas has completed today the share buy-back programme announced on 24 August 2011. Between 24 August 2011 and 25 January 2012, Ageas has bought back 192,168,091 shares corresponding to 7.3252% of the total shares outstanding and totalling EUR 250 million.Together with the shares previously held by Ageas, the total amount of shares now owned by Ageas amounts to 8.9290%.
Ageas currently holds the shares bought back as treasury shares. Ageas's Board has decided to propose to the shareholders at the next shareholders meetings (in Brussels on 25 April 2012 and in Utrecht on 26
April 2012) the cancellation of these bought back shares. At the same shareholders meetings, the Board will ask, as usual, for the renewed authorization from the shareholders to purchase up to 10% of its
remaining outstanding shares.
The overview relating to the completed share buy-back programme is available on:
http://www.ageas.com/en/Pages/share_information.aspx .
The final transactions in the period 23-25 January 2012 are the following:
Date | Number of shares | Total amount (EUR) | Average price (EUR) | Lowest price (EUR) | Highest price (EUR) |
23/01/2012 | 968,535 | 1,395,659 | 1.4410 | 1.386 | 1.470 |
24/01/2012 | 1,089,167 | 1,551,954 | 1.4249 | 1.410 | 1.449 |
25/01/2012 | 583,824 | 839,189 | 1.4374 | 1.425 | 1.450 |
Total | 2,641,526 | 3,786,802 | 1.4336 | 1.386 | 1.470 |
Ageas is an international insurance company with a heritage
spanning more than 180 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, UK, Luxembourg, Italy, Portugal,
Turkey, China, Malaysia, India and Thailand and has
subsidiaries in France, Germany, Hong Kong and UK. It is the
market leader in Belgium for individual life and employee
benefits, as well as a leading non-life player, through AG
Insurance, and in the UK, it has a strong presence as the
third largest player in private car insurance and the over
50's market. It employs more than 13,000 people and has
annual inflows of almost EUR 18 billion.
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+32 (0)2 557 57 37
INVESTOR RELATIONSBrussels
+32 (0)2 557 57 33
Utrecht
+31 (0)30 252 53 05
AgeasRue du Marquis 1 - 1000 Brussels - Belgium Archimedeslaan 6 - 3584 BA Utrecht - The Netherlands www.ageas.com
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distribué par | Ce noodl a été diffusé par Ageas NV et initialement mise en ligne sur le site http://www.ageas.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-25 17:56:21 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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