Aegon NV Concludes EUR 1.535 Billion Share Buyback

Aegon NV (GB:0Q0Y) has released an update.

Aegon NV has successfully completed a EUR 1.535 billion share buyback program, initially announced for EUR 1.5 billion due to its merger with a.s.r. Netherlands and later increased by EUR 35 million for senior management compensation. A total of 301 million shares were repurchased at an average price of EUR 5.0966, with the intent to cancel the majority and retain a portion as treasury shares for employee plans.

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