Aegon (AEG) Unveils New Share Buyback Worth EUR 35 Million

Aegon Ltd. (AEG) recently announced that it intends to buy back shares worth EUR 35 million aimed at fulfilling some obligations connected to the senior management. The company is expected to retain the repurchased shares as treasury shares and then distribute them to share-based compensation plan participants.It is expected to start the buybacks from Apr 9 and conclude by the June quarter-end. The transaction is expected to be combined with Aegon’s ongoing EUR 1.5 billion share repurchase program, which al ...