AEG - Aegon provides financial targets at Capital Markets Day

In its Capital Markets Day, Aegon ([[AEG]] -2.4%) provided ambitious financial targets (2021-2023).It plans to: reduce gross financial leverage to EUR 5.0 to 5.5B; Implement expense savings program of EUR 400M; Achieve cumulative free cash flows of EUR 1.4 to 1.6B;Grow dividend per share to around EUR 0.25 per share over 2023.The company plans to grow third-party businesses and increase conversion of assets under administration to assets under management and move to one global operating platform.Currently, strategic assets occupy 53% of earnings while financial assets represent 43% and growth markets have a marginal 4% share.

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Aegon provides financial targets at Capital Markets Day