Aegon N.V. (ENXTAM:AGN) announces a share repurchase program. Under the program, the company will repurchase up to €50 million worth of its shares. The purpose of the share repurchase program is 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 program is expected to be completed on or before January 28, 2022.