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Aegon Q1 Operating Capital Generation Before Holding Funding And Op. Expenses At Eur 256 Million



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May 16 (Reuters) -Aegon Ltd AEGN.AS:

  • AEGON TRADING UPDATE FOR Q1 2024

  • PLANNED NEW EUR 200 MILLION SHARE BUYBACK PROGRAM ANNOUNCED, EXPECTED TO BE COMPLETED BY END OF 2024

  • OPERATING CAPITAL GENERATION BEFORE HOLDING FUNDING AND OP. EXP EUR 256 MILLION VERSUS EUR 260 MILLION IN COMPANY COMPILED CONSENSUS

  • CASH CAPITAL AT HOLDING EUR 2.0 BILLION VERSUS EUR 1.94 BILLION IN COMPANY COMPILED CONSENSUS

  • OUTLOOK: CONTINUE TO WORK HARD TO TRANSFORM OUR COMPANY AND DELIVER UPON OUR 2025 FINANCIAL TARGETS

  • Q1 UK SOLVENCY II RATIO AT 192% VERSUS 188% IN COMPANY COMPILED CONSENSUS

  • Q1 US RBC RATIO AT 441% VERSUS 443% IN COMPANY COMPILED CONSENSUS

  • OUTLOOK 2024 : ON TRACK TO ACHIEVE GUIDANCE OF AROUND EUR 1.1 BILLION

Source text for Eikon: ID:nGNE7cj57V

Further company coverage: AEGN.AS


(Gdansk Newsroom)

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