Aegon: Supportive Read-Across From The Corebridge Deal, Buy Confirmed

2025-07-02 01:59:27 ET

The market reaction has validated our thesis: following the sharp derating we highlighted, Aegon's (AEG) (AEGOF) stock has rebounded in line with our ' Buy Confirmed ' call (Fig. 1). While we did not publish on Q1 results, they were supportive of our view, and the positive read-across from the Corebridge VA deal further strengthens the case. Additionally, today’s announcement of a new share buyback adds another layer of conviction. The rationale for our buy rating stemmed from 1) a Supportive Operating Capital Generation , 2) an upside from the Transamerica segment , and 3) the company's de-risking activities combined with the right capital allocation priorities....

Read the full article on Seeking Alpha

For further details see: