Aegon plans share buyback as capital generation misses estimates in Q1

Aegon

16/05/2025 06:16

May 16 (Reuters) - Aegon AEGN.AS said on Friday it planned to run a new 200 million euro ($224 million) share buyback, after the Dutch insurer posted lower than expected quarterly capital generation due to unfavourable mortality in its main U.S. market.

Its operating capital generation rose slightly to 267 million euros in the first quarter, but missed the median consensus of 275 million euros expected by analysts polled by the company.

($1 = 0.8922 euros)

 (Reporting by Mateusz Rabiega and Jakob Van Calster in Gdansk, editing by Milla Nissi-Prussak)

 ((Mateusz.Rabiega@thomsonreuters.com; +48 58 769 67 57;))