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EUR 200 million share buyback begins
Globenewswireยท2025-07-01 06:00

Core Viewpoint - Aegon has initiated a EUR 200 million share buyback program, expected to conclude by December 15, 2025, following an announcement made on May 16, 2025 [1] Group 1: Share Buyback Program Details - Aegon has entered an agreement with its largest shareholder, Vereniging Aegon, to participate in the share buyback program, with Vereniging Aegon set to buy back EUR 37 million worth of shares, representing approximately 18.4% of total voting rights [2] - The buyback will be executed at a maximum of the average daily volume-weighted price per common share during the repurchase period, and Aegon intends to cancel the repurchased shares [3][4] Group 2: Compliance and Execution - The share buyback program will comply with the EU's Market Abuse Regulation and will operate within the authority granted by shareholders at the annual general meeting held on June 12, 2025 [4] - Aegon will engage a third party to execute the buyback transactions on its behalf [3]