Aegon Boosts Buyback Plan as CFO Announces Departure
Life insurer Aegon raised its share buyback target to 350 million euros for the second half of the year following strong capital generation. However, shares fell after the company announced that finance chief Duncan Russell will step down in April 2027.
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AEGON LTD raised its second-half share buyback target to €350 million after first-half capital generation topped forecasts. Shares fell 3% during Thursday morning trading after the firm announced finance chief Duncan Russell will step down by April 2027. The departure introduces near-term uncertainty for investors following a 20% stock gain since January.
