AEG - Aegon N.V.

NYSE - Nasdaq Real Time Price. Currency in USD
4.8300
-0.0500 (-1.02%)
At close: 3:59PM EDT

4.8300 0.00 (0.00%)
After hours: 4:04PM EDT

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Previous Close4.8800
Open4.8700
Bid4.8300 x 28000
Ask4.8400 x 38800
Day's Range4.8300 - 4.8800
52 Week Range4.4200 - 6.8100
Volume615,989
Avg. Volume1,763,712
Market Cap9.937B
Beta (3Y Monthly)1.14
PE Ratio (TTM)4.42
EPS (TTM)1.0920
Earnings DateN/A
Forward Dividend & Yield0.33 (6.75%)
Ex-Dividend Date2019-05-21
1y Target Est6.31
Trade prices are not sourced from all markets
  • Santander Pays Allianz $1.1 Billion to End Spanish Venture
    Bloombergyesterday

    Santander Pays Allianz $1.1 Billion to End Spanish Venture

    (Bloomberg) -- Banco Santander SA agreed to pay 937 million euros ($1.1 billion) to buy Allianz SE out of an insurance joint venture in Spain, more than halving the value of the German insurer’s assets under management in the country.Aegon NV and Mapfre SA are now set to become Santander’s insurance partners in Spain. Aegon is expected to purchase 51% in a joint venture that will sell life risk, health, accidents, home and other non-life products through Santander’s network. Mapfre is acquiring a 50% stake in a partnership to sell car insurance and insurance for small- and medium-sized businesses.The move marks another step in the consolidation of Banco Popular, which had been in partnership with the German insurer before Santander bought it in 2017. The Spanish bank last week agreed with unions to cut 3,223 jobs in the country as part of the integration of the failed lender.Allianz will remain active in Spain. Europe’s biggest insurer manages about 7 billion euros of assets outside the Allianz Popular joint venture. In 2018, it gathered about 700 million euros of premiums through its direct business, twice the 362 million euros of policies that came through Allianz Popular.Top 10The end of the joint venture will knock Allianz out of the top 10 life insurers in Spain, an unusual position for the German company. Allianz has an annual budget for acquisitions of about 1.5 billion euros, according to a spokesman.“If opportunities come along and they are in the right segment of the market, we will look at them,” Allianz spokesman Holger Klotz said by telephone.Santander said it expects the transaction to occur in in the first quarter of 2020 and that it will have a negative impact of 8 basis points on its CET1 ratio. The lender fell 0.3 percent at 1:19 p.m. in Madrid, while Allianz was little changed in Frankfurt.Popular collapsed in 2017 after failing to repair a balance sheet weighed down by loans that soured during Spain’s real estate crash. Santander agreed to take on the bank, acquiring it for 1 euro.In Spain, life insurance is typically distributed through banks. Allianz and Banco Popular created the joint venture to sell life insurance, asset management, non-life insurance products and pensions in Spain. With the European Central Bank set to extend its monetary policy of negative interest rates for the foreseeable future Spanish banks are looking for alternative revenue streams to generate profit.Allianz spent $1 billion last month on two deals in the U.K. general-insurance market.(Updates with details of Allianz’s Spain business from fourth paragraph.)To contact the reporters on this story: Charlie Devereux in Madrid at cdevereux3@bloomberg.net;Will Hadfield in London at whadfield@bloomberg.netTo contact the editors responsible for this story: Dale Crofts at dcrofts@bloomberg.net, ;Shelley Robinson at ssmith118@bloomberg.net, Christian BaumgaertelFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Business Wire6 days ago

    Aegon announces purchase of shares to neutralize 2018 final stock dividend

    Aegon will repurchase 32,873,805 common shares to neutralize the dilutive effect of the 2018 final stock dividend. Shareholders were given the opportunity to choose between receiving the 2018 final dividend of EUR 0.15 per common share in cash or in stock. The stock dividend and the cash dividend are approximately equal in value.

  • Business Wire11 days ago

    Aegon Bank successfully prices inaugural EUR 500 million Senior Non-Preferred notes

    Today, Aegon Bank priced its inaugural EUR 500 million 5 year Senior Non-Preferred notes with a yield of 0.729%. The proceeds of this transaction are expected to enable Aegon Bank to meet the minimum requirement for own funds and eligible liabilities (MREL), which are anticipated to be applicable as of 2020. The issuance is in line with the growth ambition of Aegon Bank and will result in a more diversified funding mix.

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  • Should Value Investors Buy Aegon NV (AEG) Stock?
    Zacks15 days ago

    Should Value Investors Buy Aegon NV (AEG) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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  • Is Aegon NV (AEG) a Suitable Stock for Value Investors Now?
    Zacks18 days ago

    Is Aegon NV (AEG) a Suitable Stock for Value Investors Now?

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  • Why Aegon N.V.'s (AMS:AGN) CEO Pay Matters To You
    Simply Wall St.19 days ago

    Why Aegon N.V.'s (AMS:AGN) CEO Pay Matters To You

    Alex Wynaendts became the CEO of Aegon N.V. (AMS:AGN) in 2008. First, this article will compare CEO compensation with...

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  • Business Wire27 days ago

    Bas NieuweWeme appointed as CEO of Aegon Asset Management

    Aegon today announces that Sarah Russell (1962, Australian), member of Aegon’s Management Board and Global CEO of Aegon Asset Management, will step down. “We are very grateful for the passion and commitment Sarah has brought to Aegon”, said Alex Wynaendts, CEO of Aegon. “Sarah has been creating and building a successful global asset management business over the past nine years, which is now ready for the next stage of development.

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  • Business Wirelast month

    Aegon: Annual Meeting of Shareholders adopts all resolutions

    Aegon N.V.’s Annual General Meeting of Shareholders (AGM) on May 17, 2019, has approved all resolutions on the agenda, including adoption of the Annual Accounts of Aegon N.V. for the financial year 2018. Shareholders approved the proposal to reappoint Alex Wynaendts as Chief Executive Officer of Aegon for another term of four years. Shareholders also approved the proposal to reappoint Ben Noteboom as a member of the Supervisory Board for another term of four years.

  • Business Wirelast month

    Aegon to divest stake in partnership with Sony Life in Japan

    Aegon announces an agreement to sell its 50% stake in the variable annuity joint ventures in Japan for total cash proceeds of approximately EUR 130 million (JPY 16 billion) to its partner Sony Life. “With the evolving market conditions, we mutually agreed that the future of the variable annuity business in Japan is best served as a wholly-owned part of our longstanding partner Sony Life”, said Alex Wynaendts, CEO of Aegon. The divestment will not have a material impact on Aegon’s capital position and is expected to lead to an IFRS gain of approximately EUR 50 million, to be reported in “Other income” at time of closing.

  • Is Aegon NV (AEG) Stock Undervalued Right Now?
    Zacks2 months ago

    Is Aegon NV (AEG) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Business Wire2 months ago

    Aegon calls USD 500 million in perpetual capital securities

    Aegon today announces that it is exercising its right to redeem the USD 500 million perpetual capital securities with a coupon of 6.5% issued in 2005. The redemption of these grandfathered Tier 1 securities will be effective June 15, 2019, when the principal amount of USD 500 million will be repaid together with any accrued and unpaid interest. The securities (ISIN code: NL0000062420, CUSIP code: N007924400) are currently listed on the New York Stock Exchange with symbol AED.

  • Aegon N.V. (AMS:AGN): The Best Of Both Worlds
    Simply Wall St.2 months ago

    Aegon N.V. (AMS:AGN): The Best Of Both Worlds

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! As an investor, I look for investments which does not compromise one fundamental factor for...