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Aegon NV (AEGN.AS)

AEGN.AS on Amsterdam Stock Exchange

4.56EUR
19 Jul 2019
Change (% chg)

€0.01 (+0.29%)
Prev Close
€4.55
Open
€4.57
Day's High
€4.59
Day's Low
€4.53
Volume
6,449,540
Avg. Vol
7,486,523
52-wk High
€5.81
52-wk Low
€3.92

Latest Key Developments (Source: Significant Developments)

Aegon Bank Prices Inaugural EUR 500 Million Senior Non-Preferred Notes
Friday, 14 Jun 2019 

June 14 (Reuters) - AEGON NV ::AEGON BANK SUCCESSFULLY PRICES INAUGURAL EUR 500 MILLION SENIOR NON-PREFERRED NOTES.NOTES WITH A YIELD OF 0.729%.NOTES ARE EXPECTED TO BE RATED A AND A- BY S&P GLOBAL AND FITCH, RESPECTIVELY.DEAL WAS 5 TIMES OVERSUBSCRIBED AND SUCCESSFULLY PLACED WITH MORE THAN 180 INSTITUTIONAL INVESTORS.APPOINTED CREDIT AGRICOLE, ING, RABOBANK, SOCIÉTÉ GÉNÉRALE AND UNICREDIT AS JOINT LEAD MANAGERS..ING WAS MANDATED AS STRUCTURING ADVISER..PROCEEDS OF THIS TRANSACTION ARE EXPECTED TO ENABLE AEGON BANK TO MEET MINIMUM REQUIREMENT FOR OWN FUNDS AND ELIGIBLE LIABILITIES.AEGON CLASSIFIES SECURITIES AS OPERATIONAL LEVERAGE.  Full Article

Aegon Becomes Strategic Partner In InsurTech Service Provider RISK
Monday, 27 May 2019 

May 27 (Reuters) - AEGON NV ::AEGON GROWTH CAPITAL FUND HAS PURCHASED 25 PERCENT OF THE SHARES IN INSURTECH SERVICE PROVIDER RISK VERZEKERINGEN, BOTH PARTIES HAVE ANNOUNCED..  Full Article

Aegon To Divest Stake In Partnership With Sony Life In Japan
Friday, 17 May 2019 

May 17 (Reuters) - AEGON NV ::AEGON TO DIVEST STAKE IN PARTNERSHIP WITH SONY LIFE IN JAPAN.PROPOSED DEAL FOR EUR 130 MILLION.ANNOUNCES AN AGREEMENT TO SELL ITS 50% STAKE IN THE VARIABLE ANNUITY JOINT VENTURES IN JAPAN TO ITS PARTNER SONY LIFE.DIVESTMENT WILL NOT HAVE A MATERIAL IMPACT ON AEGON'S CAPITAL POSITION AND IS EXPECTED TO LEAD TO AN IFRS GAIN OF APPROXIMATELY EUR 50 MILLION.  Full Article

Providence Real Estate Announces Acquisition Of The Park At Via Rosa Apartments
Wednesday, 3 Apr 2019 

April 3 (Reuters) - :PROVIDENCE REAL ESTATE ANNOUNCES ACQUISITION OF THE PARK AT VIA ROSA APARTMENTS.PROVIDENCE REAL ESTATE, LLC - PROPERTY WAS ACQUIRED IN A JOINT VENTURE WITH AEGON REAL ASSETS US, A DIVISION OF AEGON N.V.  Full Article

Aegon Prices 500 Million Euros Restricted Tier 1 Securities
Friday, 29 Mar 2019 

March 29 (Reuters) - AEGON NV ::SAID ON THURSDAY AEGON PRICES EUR 500 MILLION RESTRICTED TIER 1 SECURITIES.NEW RESTRICTED TIER 1 SECURITIES ARE CALLABLE FROM APRIL 15, 2029, UP TO AND INCLUDING OCTOBER 15, 2029, AND THEN ON EVERY 5 YEARLY RESET DATE THEREAFTER WHERE COUPON CAN BE RESET TO 5 YEAR MID-SWAP PLUS MARGIN OF 5.21%.SECURITIES ARE EXPECTED TO BE RATED BBB-, BAA3 AND BB+ BY S&P GLOBAL, MOODY'S AND FITCH RESPECTIVELY.INTENDS TO USE THE NET PROCEEDS FROM THE ISSUANCE OF THESE SECURITIES FOR REDEMPTION OF GRANDFATHERED RESTRICTED TIER 1 SECURITIES.OFFERING IS EXPECTED TO BE SETTLED ON APRIL 4, 2019.  Full Article

Aegon FY Net Income Down At 744 Million Euros
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - AEGON NV ::FY NET INCOME EUR 744 MILLION VERSUS EUR 2.36 BILLION YEAR AGO.FY TOTAL GROSS DEPOSITS EUR 121.70 BILLION VERSUS EUR 125.78 BILLION YEAR AGO.FY UNDERLYING EARNINGS BEFORE TAX EUR 2.07 BILLION VERSUS EUR 2.14 BILLION YEAR AGO.PROPOSED FINAL 2018 DIVIDEND PER SHARE OF EUR 0.15; FULL YEAR DIVIDEND INCREASES BY 2 CENTS COMPARED WITH 2017.SOLVENCY II RATIO REMAINS WELL ABOVE TARGET RANGE AT 211% DESPITE UNFAVORABLE MARKET MOVEMENTS. CAPITAL RATIOS OF MAIN UNITS REMAIN AT UPPER END OR ABOVE TARGET ZONES.CAPITAL GENERATION IN UNITS OF EUR 39 MILLION, INCLUDING UNFAVORABLE MARKET IMPACTS OF EUR 1,040 MILLION AND FAVORABLE ONE-TIME ITEMS OF EUR 106 MILLION.HOLDING EXCESS CASH REMAINS WITHIN TARGET RANGE AT EUR 1.3 BILLION.GROSS FINANCIAL LEVERAGE RATIO IMPROVES BY 160 BASIS POINTS TO 29.2% IN SECOND HALF YEAR 2018.  Full Article

Aegon Announces Medium Term Financial Targets
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - AEGON NV ::AEGON TO GROW CAPITAL GENERATION AND DIVIDENDS.DIVIDEND PAY-OUT TO SHAREHOLDERS BETWEEN 45% AND 55% OF CAPITAL GENERATION.SOLVENCY II RATIO TARGET RANGE REMAINS AT 150% TO 200%; 2018 SOLVENCY II RATIO AMOUNTED TO 211%.RETURN ON SHAREHOLDERS' EQUITY OF MORE THAN 10% ON AN ANNUAL BASIS.CURRENT CAPITAL FRAMEWORK AND RELATED TARGET RANGES REMAIN UNCHANGED FOR YEARS 2019-2021.SOLVENCY II RATIO TARGET RANGE REMAINS AT 150% TO 200%; 2018 SOLVENCY II RATIO AMOUNTED TO 211%.HOLDING EXCESS CASH TO REMAIN IN TARGET ZONE OF EUR 1.0 TO 1.5 BILLION; YEAR-END 2018 LEVEL WAS EUR 1.3 BILLION.GROSS FINANCIAL LEVERAGE RATIO TARGETED TO BE BETWEEN 26% AND 30%; YEAR-END 2018 LEVEL WAS 29.2%.  Full Article

Aegon UK Extends Partnership With Atos For Administration Services
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - AEGON NV ::AEGON UK EXTENDS PARTNERSHIP WITH ATOS FOR ADMINISTRATION SERVICES.UK SUBSIDIARY STRENGTHENED ITS EXISTING PARTNERSHIP WITH ATOS, SIGNING A 15-YEAR CONTRACT.PARTNERSHIP IS EXPECTED TO BE EFFECTIVE AS OF MID-2019..TOTAL TRANSITION AND CONVERSION CHARGES ARE ESTIMATED TO AMOUNT TO APPROXIMATELY GBP 130 MILLION.  Full Article

Aegon UK Extends Partnership With Atos For Administration Services
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Aegon NV ::AEGON UK EXTENDS PARTNERSHIP WITH ATOS FOR ADMINISTRATION SERVICES.AGREEMENT EXPECTED TO LEAD TO ANNUAL RUN-RATE EXPENSE SAVINGS FOR AEGON OF APPROXIMATELY GBP 10 MILLION.TOTAL TRANSITION AND CONVERSION CHARGES ESTIMATED TO AMOUNT TO ABOUT GBP 130 MILLION, AND EXPECTED TO BE RECORDED OVER FIRST 3 YRS OF AGREEMENT.  Full Article

Aegon Transamerica Settles Universal Life Litigation
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - AEGON NV ::AEGON: TRANSAMERICA SETTLES UNIVERSAL LIFE LITIGATION.THIS SETTLEMENT FOR AN AMOUNT OF USD 195 MILLION REMOVES UNCERTAINTY OF ONGOING LITIGATION FOR COMPANY AND ITS CUSTOMERS..SAYS SETTLEMENT WILL BE FILED WITH UNITED STATES DISTRICT COURT FOR CENTRAL DISTRICT OF CALIFORNIA ON OR ABOUT OCTOBER 4, 2018.SAYS SETTLEMENT IS SUBJECT TO COURT APPROVAL.AGREEMENT CREATES A SETTLEMENT CLASS OF ALL TRANSAMERICA POLICYHOLDERS THAT WERE SUBJECT TO 2015 AND 2016 MONTHLY DEDUCTION RATE ADJUSTMENTS.  Full Article

Athora, NN Group team up to buy Dutch insurer Vivat

AMSTERDAM, June 7 Dutch insurer Vivat said on Friday it had agreed to a buyout deal with private European life insurer Athora. Terms of the main deal were not disclosed but the Netherlands' NN Group said it would buy Vivat's smaller damage subsidiary for 416 million euros ($468.6 million).