Aegon (AEG) announced that it has commenced a 200 million euros share buyback program, originally disclosed on May 16, 2025. The buyback is expected to be completed by December 15, 2025, barring unforeseen circumstances.
The company said it has entered into an agreement with its largest shareholder, Vereniging Aegon, to participate in the new 200 million euros share buyback program.
Vereniging Aegon will participate pro-rata in the share buyback program based on its combined common shares and common shares B which represent about 18.4% of the total shareholders voting rights that are currently exercisable. This results in a buyback amount of EUR 37 million.
Aegon said it will engage a third party to execute the buyback transactions on its behalf.
In a separate press release, Aegon announced the completion of its 150 million euros share buyback program that began on January 13, 2025.
Between January 13, 2025, and June 30, 2025, about 25.20 million common shares were repurchased for a total amount of 150 million euros at an average price of EUR 5.9641 per share.
Aegon said it will use 6.72 million common shares to meet its obligations resulting from share-based compensation plans for senior management and cancel the remainder of the repurchased shares in the second half of 2025.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.