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Repurchase of own shares

a.s.r. regularly repurchases its own shares as part of its capital management policy, aiming to optimize the capital structure and enhance shareholder value. Share repurchases take place through three main forms:
  • Share buyback programme
  • Incidental buybacks including the participation in sell down by Aegon Ltd.
  • Employee share plan
Share Buyback Programme

a.s.r. aims to offer its shareholders an attractive total capital return comprising of progressive dividends, supplemented by share buybacks. On 27 June 2024, a.s.r. announced a share buyback (SBB) programme of € 525 million spread over the 3-year plan period. The SBB programme is progressive and divided into amounts of € 125 million, € 175 million and € 225 million to be executed in respectively 2025, 2026 and 2027. The (progress of) execution of the programme is presented below. All repurchased shares will be cancelled.

Incidental buybacks including the participation in sell down by Aegon Ltd.

a.s.r. may at any point in time initiate a share buyback if deemed appropriate. For example, a.s.r. announced and executed a share buyback for an amount of € 100 million in Q4 2024, after the sale of Knab. Additionally, a.s.r. may also repurchase its own shares as part of an Aegon Ltd.’s sell-down to facilitate successful market placements. All repurchased shares will be cancelled.

Employee Share Plan
a.s.r. repurchases its own shares to supply the shares that employees may purchase in the employee share plan as well as the provision of shares as part of the remuneration of the Executive Board.