Aegon has announced the start of its €150 million share buyback program, announced on November 15, which should be completed by June 30, 2025, barring unforeseen circumstances.

The program includes an amount of around €40 million to meet obligations arising from its stock-based compensation plans for senior executives. The remaining shares acquired are expected to be cancelled.

Vereniging Aegon, the Dutch insurance company's largest shareholder, will participate in this share buyback program in proportion to its shareholding, resulting in an amount of 20 million euros.

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