Aegon To Repurchase EUR 96 Mln Of Shares

Aegon said Friday that it will repurchase common shares for an amount of 96 million euros to neutralize the dilutive effect of its 2021 interim dividend paid in shares. The repurchase will commence on October 1, 2021 and is expected to be completed on or before October 26, 2021.

The shares will be held as treasury shares and will be used to pay future dividends in shares.

Shareholders were given the opportunity to choose between receiving the 2021 interim dividend of 0.08 euros per common share in cash or in shares. 58% of shareholders elected to receive the interim dividend in shares.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
A group of 23 U.S. states attorneys general have asked South Korean car manufacturers Hyundai Motor and Kia Corp. to take action more quickly to solve problems with millions of U.S. vehicles facing theft. The issue is related to the companies' failure to equip vehicles with anti-theft immobilizers, which has been a standard equipment on vehicles sold by other major manufacture El Monte, California-based Mutual Trading Co., Inc. is recalling certain Kagome Sauces citing undeclared soy, a known allergen, the U.S. Food and Drug Administration said. The recall involves 60 fl oz of Kagome Worcester Sauce, 10 fl oz of Kagome Chuno sauce, and 8g of Kagome Take out Tonkatsu Sauce. With a view to celebrate college basketball season, Domino's Pizza Inc. is offering customers 50% off all menu-priced pizzas ordered online today through March 26. The weeklong 50% off online deal is available on menu-priced pizzas ordered through Domino's online ordering channels.
Follow RTT