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Ageas Announces Recent Share Repurchase Activity

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Ageas Announces Recent Share Repurchase Activity

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An announcement from ageas NV ( (GB:0Q99) ) is now available.

Ageas has announced the repurchase of 68,560 own shares as part of the share repurchase program initiated in September 2024. This move represents 0.97% of the total outstanding shares and reflects the company’s commitment to enhancing shareholder value. The repurchase, amounting to EUR 87,370,198 since the program’s inception, indicates Ageas’s strong financial position and strategic focus on capital management.

More about ageas NV

Ageas is a leading international insurance group with over 200 years of experience, offering life and non-life insurance products to both individuals and businesses. It operates mainly in Europe and Asia, including countries like Belgium, the UK, Portugal, and several Asian markets. Ageas also engages in reinsurance activities and maintains a strong presence through subsidiaries and partnerships, employing around 50,000 people and generating a premium income of EUR 17.1 billion in 2023.

YTD Price Performance: 4.89%

Average Trading Volume: 278,854

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €8.96B

For a thorough assessment of 0Q99 stock, go to TipRanks’ Stock Analysis page.

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