Aegon ( (AEG) ) has shared an update.
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Aegon has launched a EUR 150 million share buyback program, which will be completed by June 30, 2025. This move aims to fulfill obligations related to share-based compensation for senior management and intends to cancel the remaining repurchased shares, subject to approvals. The buyback involves Aegon’s largest shareholder, Vereniging Aegon, participating pro-rata, with a EUR 20 million investment. The initiative follows EU Market Abuse Regulations and shareholder approvals from June 2024, potentially impacting Aegon’s share value and stakeholder engagement.
More about Aegon
Aegon is an international financial services holding company committed to providing investment, protection, and retirement solutions. With its headquarters in The Hague, Netherlands, Aegon owns businesses in the United States and the United Kingdom, operates a global asset management arm, and forms strategic partnerships in countries such as Spain, Portugal, China, and Brazil. Aegon aims to address environmental and societal issues, focusing on climate change and inclusion and diversity.
YTD Price Performance: 0.85%
Average Trading Volume: 3,866,871
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.37B
See more data about AEG stock on TipRanks’ Stock Analysis page.
