Aegon Initiates Significant Share Buyback for Growth

Aegon Launches EUR 200 Million Share Buyback Program
Aegon has announced the initiation of a substantial EUR 200 million share buyback program, aimed at enhancing shareholder value. The company is set to commence the buyback process, which is expected to conclude by December 15, 2025. This initiative underscores Aegon's commitment to returning value to its shareholders, especially following its recent performance upswing.
Partnership with Vereniging Aegon
Integral to this buyback strategy is Aegon's collaboration with its largest shareholder, Vereniging Aegon. Under this agreement, Vereniging Aegon will take part in the buyback in proportion to its shareholdings, which amount to approximately 18.4% of the voting rights. This translates to a buyback allocation of EUR 37 million specifically for Vereniging Aegon.
Execution of the Buyback
Aegon has engaged a third-party institution to manage and execute buyback transactions. Shares will be repurchased at the maximum average price calculated from the daily volume-weighted average price across the buyback period. Furthermore, Aegon has plans to cancel the repurchased shares, further enhancing its capital structure.
Compliance with Regulatory Framework
The buyback program will adhere to the stringent guidelines outlined in the EU's Market Abuse Regulation. The initiative also falls within the boundaries of the powers granted by shareholders during the annual meeting held in June 2025. Aegon's strategy reflects a proactive approach to ensuring sustainable growth while meeting regulatory standards.
About Aegon
Aegon is an international financial services holding company, committed to delivering top-tier investment, protection, and retirement solutions to its customers. With a diverse portfolio of operations spanning across the United States and the United Kingdom, Aegon effectively combines its global expertise with local partnerships. Its joint ventures in Spain, Portugal, China, and Brazil signify its deep-rooted strategy of creating value through collaboration.
Commitment to Social Responsibility
At the forefront of Aegon’s mission is its purpose of empowering individuals to lead fulfilling lives. The company not only focuses on financial solutions but also actively addresses pressing environmental and societal issues as a key player in the global market. Aegon aspires to positively influence the communities it serves, emphasizing sustainability and corporate social responsibility in all facets of its operations.
Contact Information
For media inquiries, please reach out to:
Media Relations: Richard Mackillican
Phone: +31(0) 62 741 1546
Email: richard.mackillican@aegon.com
Investor Relations: Yves Cormier
Phone: +31(0) 70 344 8028
Email: yves.cormier@aegon.com
Frequently Asked Questions
What is the purpose of Aegon's share buyback program?
The primary goal of Aegon's share buyback program is to enhance shareholder value by repurchasing shares and subsequently canceling them, reducing the overall share count.
Who are the main participants in the buyback program?
The principal participant in the buyback program is Vereniging Aegon, Aegon's largest shareholder, which has committed to participating in the buyback process based on its shareholdings.
How will Aegon execute the share buyback?
Aegon has enlisted a third-party entity to oversee the execution of the buyback transactions, ensuring that repurchases align with market conditions.
When is the share buyback expected to conclude?
The share buyback program is projected to be completed by December 15, 2025, assuming there are no unforeseen circumstances that might affect the execution.
What does Aegon do as a company?
Aegon is an international holding company that provides financial services, focusing on investment, protection, and retirement solutions for its customers around the globe.
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