Aegon announced the completion of its EUR 200 million share buyback program, which was initially announced on May 16, 2024. The program ran from July 8, 2024, to December 13, 2024, demonstrating consistent execution of its capital management strategy.
During this period, Aegon repurchased a total of 34,968,762 common shares for an aggregate amount of EUR 200 million. The shares were acquired at an average price of EUR 5.7049 per share, reflecting efficient market execution.
The company intends to cancel all repurchased shares in December 2024. This action will reduce the number of outstanding shares, which can potentially enhance shareholder value by increasing earnings per share.
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