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Aegon NV To Repurchase Shares To Neutralize Stock Dividend

Monday, 16 Sep 2013 08:00pm EDT 

Aegon NV announced that it will repurchase approximately 19 million common shares to neutralize the dilutive effect of the 2013 interim dividend paid in shares. Approximately 55% of shareholders have elected to receive the cash dividend. The remaining 45% have opted for stock dividend. As a result, 19,047,358 new common shares were issued on September 13, 2013. 

Company Quote

-0.031 -0.50%
25 Jul 2014