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Aegon NV (AEGN.AS)

AEGN.AS on Amsterdam Stock Exchange

5.30EUR
22 Jun 2018
Change (% chg)

€0.07 (+1.38%)
Prev Close
€5.23
Open
€5.23
Day's High
€5.31
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€5.22
Volume
10,386,790
Avg. Vol
9,593,992
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€6.13
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€4.30

Latest Key Developments (Source: Significant Developments)

Aegon To Repurchase Shares To Neutralize Dividend Dilutive Effect
Wednesday, 20 Jun 2018 

June 20 (Reuters) - AEGON NV ::AEGON ANNOUNCES REPURCHASE OF SHARES TO NEUTRALIZE STOCK DIVIDEND.AEGON WILL REPURCHASE 21,954,140 COMMON SHARES TO NEUTRALIZE DILUTIVE EFFECT OF 2017 FINAL STOCK DIVIDEND.SHARES WILL BE HELD AS TREASURY SHARES AND WILL BE USED TO PAY FUTURE STOCK DIVIDENDS.SHAREHOLDERS WERE GIVEN OPPORTUNITY TO CHOOSE BETWEEN RECEIVING 2017 FINAL DIVIDEND OF EUR 0.14 PER COMMON SHARE IN CASH OR IN STOCK.AVERAGE SHARE PRICE AMOUNTED TO EUR 5.4174.DIVIDEND WILL BE PAYABLE AS OF JUNE 22, 2018.  Full Article

Aegon Calls 525 Million Dollars Of Subordinated Notes
Thursday, 12 Apr 2018 

April 12 (Reuters) - AEGON NV ::AEGON CALLS USD 525 MILLION OF SUBORDINATED NOTES.EXERCISES ITS RIGHT TO REDEEM USD 525 MILLION 8% NON-CUMULATIVE SUBORDINATED NOTES.REDEMPTION OF THESE GRANDFATHERED TIER 2 SECURITIES WILL BE EFFECTIVE MAY 15, 2018.REDEMPTION TO BE EFFECTIVE WHEN AGGREGATE PRINCIPAL AMOUNT WILL BE REPAID WITH ACCRUED AND UNPAID INTEREST.  Full Article

Aegon Announces Significant Step To Capture Greater Operational Efficiencies
Friday, 12 Jan 2018 

Jan 11 (Reuters) - Aegon Nv ::AEGON ANNOUNCES SIGNIFICANT STEP TO CAPTURE GREATER OPERATIONAL EFFICIENCIES.US SUBSIDIARY TRANSAMERICA ENTERED INTO AGREEMENT WITH TATA CONSULTANCY SERVICES TO ADMINISTER CO'S US INSURANCE AND ANNUITY BUSINESS LINES​.AGREEMENT IS EXPECTED TO LEAD TO ANNUAL RUN-RATE EXPENSE SAVINGS FOR AEGON OF APPROXIMATELY $70 MILLION INITIALLY, GROWING TO $100 MILLION OVER TIME​.‍TOTAL TRANSITION AND CONVERSION CHARGES ARE ESTIMATED TO AMOUNT TO APPROXIMATELY USD 280 MILLION.‍AGREEMENT, A MULTI-YEAR PARTNERSHIP WITH MORE THAN $2 BLN OF REVENUES TO TCS, IS EXPECTED TO BE COMPLETED BY Q2 2018​​.  Full Article

Aegon To Divest Additional Block Of U.S. Run-Off Businesses
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Aegon NV ::AEGON TO DIVEST ADDITIONAL BLOCK OF US RUN-OFF BUSINESSES.AEGON NV SAYS HAS AGREED TO DIVEST A BLOCK OF LIFE REINSURANCE BUSINESS TO SCOR AND TO DISSOLVE A RELATED CAPTIVE INSURANCE COMPANY.‍UNDER TERMS OF AGREEMENT, AEGON'S TRANSAMERICA LIFE SUBSIDIARIES WILL REINSURE APPROXIMATELY USD 750 MILLION OF LIABILITIES TO SCOR.AEGON NV SAYS TRANSACTION HAS A ONE-TIME BENEFIT OF APPROXIMATELY $75 MLN ON TRANSAMERICA'S CAPITAL POSITION​.‍TRANSACTION IS EXPECTED TO RESULT IN A PRE-TAX IFRS LOSS OF APPROXIMATELY USD 125 MILLION​.  Full Article

Aegon supervisory board chairman Rob Routs to step down
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Aegon Nv ::AEGON SUPERVISORY BOARD CHAIRMAN ROB ROUTS TO STEP DOWN AT NEXT AGM.ROBERT J. ROUTS, CHAIRMAN OF ITS SUPERVISORY BOARD, HAS DECIDED TO STEP DOWN AT NEXT ANNUAL GENERAL MEETING OF SHAREHOLDERS IN MAY 2018.‍SUPERVISORY BOARD HAS ELECTED WILLIAM CONNELLY AS ITS NEXT CHAIRMAN AND HE WILL SUCCEED MR. ROUTS FOLLOWING NEXT AGM​.  Full Article

Wolters Kluwer says ‍Aegon chooses co's OneSumX for Operational Risk for its operational risk mgmt​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - WOLTERS KLUWER NV ::‍AEGON CHOOSES WOLTERS KLUWER'S ONESUMX FOR OPERATIONAL RISK FOR ITS OPERATIONAL RISK MANAGEMENT​.  Full Article

Aegon Q3 income before tax up at 618 million euros, above consensus
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - AEGON NV ::Q3 RETURN ON EQUITY 8.9 PERCENT VERSUS 7.7 PERCENT YEAR AGO‍​.Q3 INCOME BEFORE TAX OF EUR ‍​618 MILLION VERSUS EUR 366 MILLION IN REUTERS POLL.Q3 NET UNDERLYING EARNINGS OF EUR ‍​412 MILLION VERSUS EUR 349 MILLION YEAR AGO.Q3 SOLVENCY II RATIO INCREASES BY 10%-POINTS COMPARED WITH LAST QUARTER TO 195%.‍​.Q3 UNDERLYING EARNINGS BEFORE TAX EUR ‍​ 556 MILLION VERSUS EUR 461 MILLION IN REUTERS POLL.UNDERPINS TARGET TO RETURN EUR 2.1 BILLION OF CAPITAL TO SHAREHOLDERS OVER THE PERIOD 2016 TO 2018.Q3 GROSS DEPOSITS INCREASE BY 65% TO EUR 41 BILLION ‍​.Q3 NET INCOME EUR ‍​ 469 MILLION VERSUS EUR 274 MILLION IN REUTERS POLL.Q3 GROSS FINANCIAL LEVERAGE RATIO IMPROVES BY 20 BASIS POINTS SEQUENTIALLY TO 29.2%.Q3 SALES EUR ‍​ 4.45 BILLION VERSUS EUR 2.90 BILLION YEAR AGO.ON AMERICAS: IS WELL ON TRACK TO ACHIEVE USD 150 MILLION RUN-RATE EXPENSE SAVINGS BY END OF 2017‍​.Q3 GROSS DEPOSIT GROWTH PUTS CO IN STRONG POSITION FOR CONTINUED GROWTH.Q3 NEW LIFE SALES EUR ‍​202 MILLION VERSUS EUR 219 MILLION YEAR AGO.ON AMERICAS: WILL IMPLEMENT FURTHER EXPENSE SAVINGS INITIATIVES IN COMING QUARTERS.ON AMERICAS: FURTHER EXPENSE SAVINGS INITIATIVES TO ACHIEVE $300 MILLION RUN-RATE EXPENSE SAVINGS TARGET BY END 2018.Q3 REUTERS POLL: INCOME BEFORE TAX EUR 366 MILLION; NET INCOME EUR 274 MILLION.Q3 REUTERS POLL: UNDERLYING EARNINGS BEFORE TAX EUR 491 MILLION.  Full Article

Aegon to repurchase 30,765,224 common shares
Monday, 3 Oct 2016 

Aegon NV :Will repurchase 30,765,224 common shares to neutralize dilutive effect of 2016 interim stock dividend.  Full Article

Aegon to sell 100% of its shares of Aegon Life Ukraine to TAS group
Thursday, 22 Sep 2016 

Aegon NV : Has entered into an agreement to sell 100% of its shares of Aegon Life Ukraine to TAS group, and will exit the Ukrainian market. .The parties have agreed not to disclose the terms and conditions of the transaction.  Full Article

L&G says Cofunds sale to boost Solvency II surplus by 125 mln stg
Thursday, 11 Aug 2016 

Legal & General Group Plc : Legal & General to sell Cofunds and IPS to Aegon. .Says sale of Cofunds will increase Solvency II surplus by 125 million pounds, and its economic capital surplus by 105 million pounds..  Full Article

BRIEF-Aegon Calls 525 Million Dollars Of Subordinated Notes

* EXERCISES ITS RIGHT TO REDEEM USD 525 MILLION 8% NON-CUMULATIVE SUBORDINATED NOTES