Like a Phoenix from the flames! KBC Securities issued a research note on Friday morning entitled exactly that: 'Phoenix from the flames'. Implicitly the analyst, Matthias De Wit, must have been referring to the fact that Ageas has again grown into a EUR 8 billion market capitalization company that since 2009 has paid out over EUR 2 billion in dividends (including a EUR 0.2 billion capital reduction) and on top of that has also already executed share buy backs of more than EUR 1 billion.

But the title of this week's contribution could as well have been one of the famous song titles of Prince, the 57 year old musician that left the world far too soon. 'Sometimes It Snows In April' (It usually does not snow in April right but Prince passed away on the 21st of April) or 'When doves cry' could also have been an appropriate title. But as we look back at the stock market this past trading week not sure if it was time to cry or smile. The Euro Stoxx 50 index gained 2.8% while Ageas's shares ended at EUR 34.91 or a little bit (0.8%) lower than last week. Maybe investors are waiting for Ageas's Q1 2016 results that will be published on Thursday 19 of May or next week's AGM that will take place on Wednesday 27 April 2016 at 10:30 AM.Look forward to seeing you there in any case. Aslast year the AGM will be held at the National Theatre in Brussels (Emile Jacqmainlaan 111-115, 1000 Brussels).

Maybe also interesting to note that on the very same day of Ageas's AGM, within the insurance sector AXA, Munich Re as well as Scor are all holding their AGM's while in Belgium, in total 10 listed companies are hosting their annual get-together with shareholders: Telenet, AB Inbev; WDP, Nyrstar, Tubize, Vastned Retail Belgium, Bois Sauvage, Intervest and Van de Velde.

Ageas NV issued this content on 25 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 April 2016 17:52:26 UTC

Original Document: https://www.ageas.com/en/koens-blog/week-17-phoenix-flames-0