#Aegon #completes #share #buyback #program #neutralize
The Hague, September 27, 2022 – Aegon has completed the share buyback program announced on July 1, 2022, aimed at neutralizing the dilutive effect of the 2021 final dividend paid in shares.
The repurchased shares will be held as treasury shares and will be used to pay future dividends in shares. Between July 7, 2022 and September 27, 2022, common shares for an amount of EUR 107 million were repurchased. A total of 24,363,895 common shares were repurchased at an average price of EUR 4.38 per share.
This share buyback is in addition to the existing EUR 300 million share buyback that was announced on March 23, 2022. The second tranche of this share buyback for an amount of EUR 100 million commenced on July 7, 2022 and was completed on September 27, 2022.
About Aegon
Aegon is an integrated, diversified, international financial services group. The company offers investment, protection, and retirement solutions, with a strategic focus on three core markets (the United States, the United Kingdom, and the Netherlands), three growth markets (Spain & Portugal, Brazil, and China), and one global asset manager. Aegon’s purpose of Helping people live their best lives runs through all its activities. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion & diversity. Aegon is headquartered in The Hague, the Netherlands, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at aegon.com.
Forward-looking statements
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