Aegon implements increase in share buyback program

Core Viewpoint - Aegon has announced an increase in its share buyback program from EUR 200 million to EUR 400 million, effective immediately, with the expectation to complete the buyback by December 15, 2025 [1][2]. Summary by Sections Share Buyback Program - The initial share buyback program of EUR 200 million has seen EUR 87 million completed, representing approximately 43% of the initial target [2]. - The additional EUR 200 million will be executed in conjunction with the largest shareholder, Vereniging Aegon, which will participate pro-rata, resulting in a total buyback amount of EUR 71 million for the full program [3]. Execution and Compliance - Aegon has engaged a third party to manage the buyback transactions, with shares repurchased at a maximum of the average daily volume-weighted price during the repurchase period [4]. - The buyback will comply with the EU's Market Abuse Regulation and the authority granted by shareholders at the annual general meeting held on June 12, 2025 [5]. Company Overview - Aegon is an international financial services holding company focused on investment, protection, and retirement solutions, with operations in the United States, United Kingdom, and various global partnerships [7].