Aegon Increases Share Buyback Program to EUR 350 Million

Aegon increased its second-half 2026 share buyback program by EUR 150 million on August 24, 2026. This expansion raises the total value of the program from EUR 200 million to EUR 350 million.

The company aims to reduce its Cash Capital at Holding to approximately EUR 1.0 billion by the end of 2026. The original program began on July 1, 2026, and had repurchased EUR 57 million in shares before the increase was announced.

Vereniging Aegon, the company's largest shareholder with approximately 18.4% of voting rights, agreed to participate pro-rata in the expanded program. This shareholder will contribute EUR 26 million to the additional portion and EUR 63 million to the overall program. The buyback is expected to conclude by December 23, 2026, and all repurchased shares are intended for cancellation.