Aegon Shares Soar 0.85% on Strong Sales, Dividend Hike

Aegon's share price rose to its highest level since May 2018 today, with an intraday gain of 0.85%.

The strategy of buying AEG shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The annualized return was 4.89% from May 20, 2020, to May 20, 2025, which is slightly below the market average. This indicates that while the strategy provided some growth, it was more conservative than the market overall.

Aegon reported improvements in both new life sales and non-life sales in its joint ventures with Santander in Spain and Portugal. This positive performance in key markets could enhance investor confidence and drive the stock price higher.

Jane Street Group LLC significantly increased its position in Aegon shares by 53.8% during the fourth quarter. This substantial increase in institutional investment suggests strong confidence in the company's future prospects, which could positively influence the stock price.

Aegon announced an increase in its dividend, a move that is generally well-received by investors. Higher dividends can attract more investors and potentially boost the stock price, as it indicates the company's commitment to returning value to shareholders.

Despite reporting weak Q1 results, Aegon launched a €200 million share buyback program. This initiative is aimed at supporting the stock price during a period of underperformance, demonstrating the company's proactive approach to managing its share value and potentially stabilizing or even increasing the stock price.