Aegon to repurchase shares for share-based compensation plans

Aegon to repurchase shares for share-based compensation plans

1 minute read

Aegon announced today that it will repurchase common shares for an amount of EUR 42.5 million to meet its obligations resulting from the 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 9, 2023 and is expected to be completed on or before January 30, 2023. 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.