Aegon announces EUR 50 million share buyback program
(PRESS RELEASE) THE HAGUE, 7-Jan-2022 — /EuropaWire/ — Aegon N.V. (AMS: AGN), Dutch multinational life insurance, pensions and asset management company, has announced it will repurchase common shares for EUR 50 million in order to meet its obligations resulting from the 2021 and 2022 share-based compensation plans for senior management. The repurchased shares will be held as treasury shares until they are allocated to the plan participants.
The repurchase of shares will commence on January 7, 2022 and is expected to be completed on or before January 28, 2022. Aegon will engage a third party to execute the transactions on its behalf. The common shares will be repurchased at a maximum of the average of the daily volume-weighted average prices during the repurchase period.
Weekly updates regarding the transactions will be available on aegon.com.
Media contact:
Alexander Kuipers
Senior Spokesperson
+31 6 11333619
akuipers@aegon.nl
SOURCE: Aegon
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