tiprankstipranks
Aegon N.V. Announces Strong Q1 Results and New Buyback
Company Announcements

Aegon N.V. Announces Strong Q1 Results and New Buyback

Aegon Nv (AEG) has released an update.

Don't Miss our Black Friday Offers:

Aegon N.V. reports a solid start to 2024 with operating capital generation of EUR 256 million and strong capital ratios, alongside an 85% completion of its EUR 1.535 billion share buyback program. The company announces a new EUR 200 million share buyback program, expected to be completed by end of 2024, and highlights continued sales growth in strategic markets including the US and Brazil. Aegon’s strategy focuses on transforming its US business, reallocating capital to growth opportunities, and maintaining a solid capital position, with an aim to grow its dividend per share to around EUR 0.40 by 2025.

For further insights into AEG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyAegon upgraded to Buy from Neutral at UBS
TheFlyAegon price target raised to EUR 6.38 from EUR 6.33 at Citi
Howard KimAegon (AEG) Announces Q3 Dividend: Read On for Important Dates
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App