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Ageas Announces Progress in Share Buy-back Programme

Story Highlights
  • Ageas is a leading insurance group in Europe and Asia, offering life and non-life products.
  • Ageas has repurchased 1,755,606 shares since September 2024, boosting shareholder value.
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Ageas Announces Progress in Share Buy-back Programme

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The latest update is out from ageas NV ( (GB:0Q99) ).

Ageas has reported progress in its share buy-back programme, with the purchase of 67,895 shares between January 13 and January 17, 2025, amounting to EUR 3,210,953. Since the programme’s initiation in September 2024, Ageas has bought back 1,755,606 shares, representing 0.93% of its total shares outstanding, signaling its commitment to enhancing shareholder value.

More about ageas NV

Ageas is a prominent international insurance group with a 200-year heritage, offering both life and non-life insurance products for retail and business customers. The company operates primarily in Europe and Asia, with significant market presence in countries such as Belgium, the UK, Portugal, Türkiye, and across Asia including China and India. Ageas employs around 50,000 people and reported annual inflows of EUR 17.1 billion in 2023.

YTD Price Performance: 4.82%

Average Trading Volume: 273,118

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €8.99B

Learn more about 0Q99 stock on TipRanks’ Stock Analysis page.

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