Aegon today begins a EUR 227 million share buyback, which includes EUR 200 million of the EUR 400 million announced on December 10, 2025. This tranche has been expanded to include EUR 27 million to meet Aegon’s obligations resulting from its share-based compensation plans for senior management is expected to be completed by June 30, barring unforeseen circumstances.
Aegon has entered into an agreement with its largest shareholder, Vereniging Aegon, to participate in the new EUR 227 million share buyback. Vereniging Aegon will participate pro-rata in the share buyback based on its combined common shares and common shares B which represent about 18.4% of the total shareholders’ voting rights that are currently exercisable. This results in a buyback amount of EUR 37 million. The number of common shares that Aegon will repurchase from Vereniging Aegon will be determined based on the daily volume-weighted average price per common share on Euronext Amsterdam.
Aegon will engage a third party to execute the buyback transactions on its behalf. The common shares will be repurchased at a maximum of the average of the daily volume-weighted average price per common share during the repurchase period. Aegon intends to cancel the shares associated with the EUR 200 million component of the share buyback.
The share buyback will be executed in compliance with the EU’s Market Abuse Regulation and within the limitations of the existing authority as granted by our shareholders at our annual general meeting held on June 12, 2025. For further details, visit our share buyback updates page at aegon.com.