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Ageas Continues Share Buyback Program with Recent Repurchase

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Ageas Continues Share Buyback Program with Recent Repurchase

ageas NV ( (GB:0Q99) ) has shared an announcement.

Ageas has announced the repurchase of 72,457 of its own shares as part of a share buyback program initiated in September 2024. This move reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value, having repurchased a total of 2,117,171 shares since the program’s inception.

More about ageas NV

Ageas is a leading international insurance group with 200 years of experience, offering life and non-life insurance products to both individuals and businesses. The company operates primarily in Europe and Asia, with a strong presence in countries such as Belgium, the UK, Portugal, Turkey, China, and several others in Asia. Ageas is among the market leaders in these regions, employing around 50,000 people and generating a premium income of EUR 17.1 billion in 2023.

YTD Price Performance: 9.98%

Average Trading Volume: 280,502

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €9.38B

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

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