Aegon Ltd. (AEG) Analyst/Investor Day Transcript
Aegon's new operating capital generation/FCF targets and capital return plans came in mid–high single digits below our expectations, with an SGUL deal and US redomicile costs heavier than anticipated. During the Q3 release, there was no change to guidance, with the €1.2 billion OCG reiteration. We lower our forecasts and target price to reflect the softer growth trajectory, but keep a Buy rating on AEG, remaining constructive on the long-term equity story.
Some of Britain's biggest savings and insurance groups are expected to take an early look at Aegon's UK business, which has been pushed into a strategic review as the Dutch group prepares to rebrand as Transamerica and shift its centre to the US. Panmure Liberum flags a broad field of potential bidders.
| Financial Services Industry | Financials Sector | E. Lard Friese CEO | NYSE Exchange | 007924103 CUSIP |
| NL Country | 15,582 Employees | 4 Sep 2025 Last Dividend | 17 Apr 2003 Last Split | - IPO Date |
Aegon Ltd. is a globally recognized organization offering a broad spectrum of financial services, including insurance, pensions, retirement planning, and asset management. With a historical foundation dating back to 1844, the company has grown significantly to serve clients not only in its native Netherlands but also across the Americas, the United Kingdom, and other international markets. Aegon is renowned for its operation under the reputable brands Aegon and Transamerica, aiming to provide innovative and reliable financial solutions to meet the varied needs of its global clientele. Headquartered in The Hague, Netherlands, Aegon's long-standing market presence underscores its expertise and commitment to providing financial security and wealth management services.
Aegon Ltd. offers an extensive portfolio of products and services designed to cater to the diverse financial needs of individuals and businesses, including: