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Share Buyback Program

Please use the tabs below to see details of current and previous share buybacks.

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Neutralization of stock dividend

Aegon has completed the repurchase of 29,258,662 common shares to neutralize the dilutive effect of the 2015 final stock dividend.

These shares will be held as treasury shares and will be used to pay future stock dividends.

Aegon repurchased common shares by engaging a financial intermediary to execute the transactions on its behalf.

These transactions commenced on July 4, 2016, and were completed on August 12, 2016. The common shares were repurchased at a maximum of the daily volume-weighted average price.

A weekly summary of the transactions is provided below. Further details are available in the Daily Overview by Exchange.

Weekly Report

Period (2016) Number of Shares Total Amount (EUR) Average Price (EUR)
July 4-8
5,215,000
16,905,911
3.2418
July 11-16 3,796,603 13,076,382
3.4442
July 18-22 4,282,863 14,966,674
3.4945
July 25-29
5,003,985
17,932,845
3.5837
August 1-5 5,951,439 20,776,242
3.4910
August 8-12 5,008,772 18,904,853
3.7743
 Total 29,258,662 102,562,908
3.5054
      100%  completed

Aegon repurchased EUR 400 million worth of common shares in 2016, of which a first tranche of EUR 200 million was completed on March 31, 2016. The second tranche of EUR 200 million was completed on May 19, 2016. In total, Aegon repurchased 42 million shares at an average repurchase price of EUR 4.76 per share.

This buyback was related to a transaction we carried out with Association Aegon (Vereniging Aegon), our largest shareholder. In 2013, they exchanged €2.1 billion preferred shares for a mix of cash and shares worth €1.1 billion. This transaction helped simplify Aegon's capital structure and allowed the Association to substantially reduce its debt. The impact on other shareholders was limited to a minor dilution of their ownership from the issuance of shares. We therefore bought back shares to offset the dilutive effect of this transaction.

At the Annual General Meeting on May 20, 2016, shareholders approved the cancelation of all common shares repurchased as part of this program.

The shares have been repurchased at or below the daily volume-weighted average price. An overview of the transactions on a weekly basis can be found below.

Weekly Report (Tranche 2 - EUR 200m)

Period (2016)  Number of Shares  Total Amount (EUR) *Average Price (EUR) 
April 1
 1,070,000  5,058,289  4.7274
April 4-8 4,769,529 22,266,664
4.6685
April 11-15 4,210,000 21,114,352
5.0153
April 18-22 4,815,000 25,120,356
5.2171
April 25-29 5,453,503 28,016,436
5.1373
May 2-6 5,421,169 26,568,169
4.9008
May 9-13 2,843,816 13,855,735
4.8722
May 16-20 13,450,835
58,000,001  4.3120
 Total 42,033,852  200,000,000  4.7581 
       
     

100% complete

 

Weekly Report (Tranche 1 - EUR 200m)

Period (2016) Number of Shares Total Amount (EUR) *Average Price (EUR)
 January 13-15
4,864,285
26,091,485
5.3639
January 18-22 2,628,587 13,355,334
5.0808
January 25-29 1,430,237 7,327,969
5.1236
February 1-5 5,299,167 25,796,122
4.8680
February 8-12 5,323,724  23,867,808 4.4833
February 15-19 2,533,802 10,979,013 4.3330
February 22-26 3,985,107 17,846,104
4.4782
February 29 - March 4 292,689 1,419,994
4.8515
March 7-11 5,094,164 24,883,750
4.8848
March 14-18 1,360,273 6,907,514
 5.0780
March 21-25 7,491,243 37,690,061 5.0312
March 28-31 779,405 3,833,534  4.9185 
Total 41,082,683
200,000,000
4.8682
       
      100%  complete

* Includes fees if applicable

Neutralization of stock dividend

Aegon has completed the repurchase of 20,136,673 common shares to neutralize the dilutive effect of the 2015 interim stock dividend. These shares will be held as treasury shares and will be used to pay future stock dividends.

Aegon repurchased common shares by engaging a third party to execute the transactions on its behalf.

These transactions commenced on September 16, 2015, and were completed on October 13, 2015. The common shares were repurchased at a maximum of the daily volume-weighted average price.

Weekly updates of the transactions are provided below.

Weekly Report

Period (2015) Number of Shares Total Amount (EUR) Average Price (EUR)
September 16 - 18 5,520,544
29,351,142
5.3167
September  21 - 25
4,032,000
20,437,793
5.0689
September 28 - October 2 3,780,645 19,122,936 5.0581
October 5 - 9 3,403,484 18,723,902 5.5014
October 12 - 13 3,400,000 18,638,738 5.4820
Total 20,136,673 106,274,510
5.2777
      100%  completed

Neutralization of stock dividend

Aegon has completed the repurchase of 16,279,933 common shares to neutralize the dilutive effect of the 2014 final dividend paid in shares. These shares are held as treasury shares and will be used to pay future stock dividends.

Aegon repurchased common shares using a third party to execute the transactions on its behalf.

The transactions commenced on June 17, 2015, and were completed on July 14, 2015. The common shares were repurchased at a maximum of the daily volume-weighted average price.

Weekly updates of the transactions are provided below.

Weekly Report

Period (2015) Number of Shares Total Amount (EUR) Average Price (EUR)
June 17 - 19 3,458,025
22,544,136
6.5194
June 22 - 26
2,766,714 18,799,421 6.7949
June 29 - July 3 4,187,663 27,838,019 6.6476
July 6 - 10
4,408,273
28,751,833
6.5222
July 13 -14 1,459,258 10,041,453 6.8812
Total 16,279,933 107,974,862 6.6324
      100% of program completed

Neutralization of stock dividend

Aegon has completed the share buyback program announced on September 17, 2014. This program neutralized the dilutive effect of the 2014 interim dividend paid in shares. These shares will be held as treasury shares and will be used to pay future stock dividends.

Aegon repurchased common shares by engaging a third party to execute the transactions on its behalf.

Between September 17, 2014 and October 15, 2014 a total of 16,319,939 common shares were repurchased, at an average price of EUR 6.49 per share.

Weekly updates of the transactions are provided below.

Weekly Report

Period (2014) Number of Shares Total Amount (EUR) Average Price (EUR)
September 17 - 19 1,565,000 10,280,770 6.5692
September 22 - 26 4,966,149 32,961,213 6.6372
September 29 - October 3 5,266,703 34,252,244 6.5035
October 6 - 10 3,547,376 22,525,018 6.3498
October 13 - 15 974,711 5,928,093
6.0819
Total 16,319,939 105,947,337 6.4919
      100% of program completed

Neutralization of Stock Dividend

Aegon has completed the share buyback program announced on June 17, 2014 to neutralize the dilutive effect of the 2013 final dividend paid in shares.

Aegon repurchased common shares by engaging a third party to execute the transactions on its behalf.

Between June 20, 2014 and July 17, 2014, 14,488,648 common shares were repurchased under the share buyback program, at an average price of EUR 6.43 per share.

Weekly updates of the transactions are provided below.

Weekly Report

Period (2014) Number of Shares Total Amount (EUR) Average Price (EUR)
June 20 1,000,000 6,593,993 6.5940
June 23 - 27 3,909,584 25,150,603 6.4331
June 30 - July 4 4,112,093 26,483,151 6.4403
July 7 - 11  3,780,000 24,218,447 6.4070 
July 14 - 17 1,686,971  10,715,249  6.3518 
Total 14,488,648 93,161,443 6.4300
100% of program completed

Neutralization of Stock Dividend

Aegon has completed the share buyback program announced on September 17, 2013 to neutralize the dilutive effect of the 2013 interim dividend paid in shares.

Aegon repurchased common shares by engaging a third party to execute the transactions on its behalf.

Between September 17, 2013 and October 14, 2013, 19,047,358 common shares were repurchased under the share buyback program, at an average price of EUR 5.6233 per share.

Weekly updates of the transactions are provided below.

At the Annual General Meeting on May 21, 2014, shareholders approved the cancelation of all common shares repurchased as part of this program.

Weekly Report

Period (2013) Number of Shares Total Amount (EUR) Average Price (EUR)
September 17 - 20 4,546,114 25,627,840 5.6373
September 23 - 27 6,244,191 34,812,907 5.5752
September 30 - October 4 2,714,666 15,343,204 5.6520
October 7 - 11 4,429,968 24,945,741 5.6311
October 14 1,112,419 6,380,168 5.7354
Total 19,047,358 107,109,860 5.6233
100 % of program completed 

updated August 1, 2016

 

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