AGS Ageas SA/NV

Ageas completes its 2024-2025 share buy-back programme

Ageas completes its 2024-2025 share buy-back programme

Ageas completes its 2024-2025 share buy-back programme

On Thursday 31 July 2025, Ageas completed the share buy-back programme it announced on 28 August 2024. Between 16 September 2024 and 31 July 2025, Ageas has bought back 3,910,230 shares corresponding to 1.97 % of the total shares outstanding and totalling EUR 200 million (rounded).

Together with other treasury shares held by Ageas, the total number of shares now owned amounts to 4.13 % of shares issued.

The overview of the completed share buy-back programme is available on our .

The final transactions in the period 28 July 2025 until 31 July 2025 are the following:

DateNumber of

Shares		Total amount

(EUR)		Average price

(EUR)		Lowest price

(EUR)		Highest price

(EUR)
28-07-202517,2701,010,97258.5458.2558.85
29-07-202511,569682,18658.9658.5559.30
30-07-202510,702633,92259.2359.0559.35
31-07-202514,346851,30559.3459.1559.65
01-08-2025-----
Total53,8873,178,38558.9858.2559.65

Attachment



EN
04/08/2025

Underlying

AGSAgeas SA/NV

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Ageas SA/NV

ING Helpdesk
  • ING Helpdesk
AGS AGEAS SA/NV
WKL Wolters Kluwer ... ... (+12)

Benelux Morning Notes

Adyen: 3Q25 results – solid net revenue, FY25 guidance reiterated. Aedifica: Guidance raised, positive tenant trends and good portfolio valuation. Ageas: China Taiping Life 3Q25 Solvency much lower, remains solid. Allfunds Group PLC: Strong flows. ASM International: 3Q25 results - disappointing orders, much better margins. Corbion: Iron wills and nerves of steel. Lotus Bakeries: peer Mondelez 3Q25 results. Melexis: 3Q25 results, ongoing gross margin pressure. Staffing: Dutch figs...

AGS AGEAS SA/NV
WKL WOLTERS KLUWER NV
RAND RANDSTAD NV
LOTB LOTUS BAKERIES NV
ASM ASM INTERNATIONAL N.V.
AED AEDIFICA SA
BRNL BRUNEL INTERNATIONAL N.V.
MELE MELEXIS NV
CSM CORBION NV
ADYEN ADYEN NV
ALLFG ALLFUNDS (UK) LTD
ZAB ZABKA GROUP
10/29/25 October 29, 2025 1 EN
ING Helpdesk
  • ING Helpdesk
ENX EURONEXT NV
AGS AGEAS SA/NV ... (+9)

Benelux Morning Notes

Ageas: AG Real Estate looking to reduce exposure to Interparking, lower capital charges. Air France-KLM: 3Q25 a bit light? ASML: Preview 3Q25, riding the AI wave. Barco: Preview 3Q25, self-help offsets macro headwind. D'Ieteren: Belron starts to roll out static mobile recalibration. Euronext: September's seasonal recovery. Tessenderlo More focus on capital allocation and returns. TomTom: Preview 3Q25, Cost cutting offsets slow markets. Umicore: Gold inventory sale-and-lease-back

ENX EURONEXT NV
AGS AGEAS SA/NV
TESB TESSENDERLO GROUP N.V.
AF AIR FRANCE-KLM SA
DIE D'IETEREN SA
ASML ASML HOLDING NV
UMI UMICORE
TOM2 TOMTOM NV
BAR BARCO NV
10/08/25 October 8, 2025 1 EN
ING Helpdesk
  • ING Helpdesk
BFIT BASIC-FIT NV
SBMO SBM OFFSHORE NV ... (+17)

Benelux Morning Notes

Ageas: Highlights ING Benelux Conference London. Alfen: Highlights from ING Benelux Conference London. Arcadis: Highlights ING Benelux Conference London. ASR: Highlights ING Benelux Conference London. BAM: Highlights ING Benelux Conference London. Basic-Fit: Highlights ING Benelux Conference London. CTP: Highlights from ING Benelux Conference London. DEME Group: Highlights ING Benelux Conference London. Fugro: Highlights ING Benelux Conference London. Heijmans: Highlights ING Bene...

BFIT BASIC-FIT NV
SBMO SBM OFFSHORE NV
AGS AGEAS SA/NV
RAND RANDSTAD NV
PNL POSTNL NV
BAMNB KONINKLIJKE BAM GROEP NV
LOTB LOTUS BAKERIES NV
HEIJM HEIJMANS N.V. CERT
ARCAD
ARCADIS NV
ASRNL ROYAL VOPAK NV
TWEKA ASR NEDERLAND NV
ALFEN TKH GROUP N.V. CERT
FUR ALFEN NV
CTPNV FUGRO NV
DEME CTP NV
DEME GROUP NV
09/08/25 September 8, 2025 1 EN
Jacob Mekhael ... (+3)
  • Jacob Mekhael
  • Livio Luyten
  • Thomas Couvreur
AGS AGEAS SA/NV
GIMB GIMV NV
ACKB ACKERMANS & VAN HAAREN NV
ONWD ONWARD MEDICAL NV
09/02/25 September 2, 2025 1 EN
Thomas Couvreur
  • Thomas Couvreur
AGS AGEAS SA/NV

Ageas 1H25 supports share rally, though valuation now stretched

Next to a few one-off elements that inflated the headline 1H25 numbers, Ageas noted some strong underlying drivers, leading to several guidance upgrades. Incorporating these elements in our SoTP, we land on a new TP of €62. We feel 1H25 results have underpinned the 27% share rally the stock has seen this year, but we find it harder to see further upside potential at this stage. UK market pricing is again a question mark and BNP & Ethias could cause some negative news flow going forward. Given li...

09/02/25 September 2, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch