Aegon to repurchase shares for share-based compensation plans

10 January 2022 — Andrei Victor
The Dutch insurance group Aegon announced that it will repurchase common shares for an amount of EUR 50 million 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 commenced 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.

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