Podcast Center
Video Center
Webcasts
Resource Center
Events
September 11, 2002 at 08:00 PM
NU Online News Service, Sept. 11, 12:31 p.m. – AEGON N.V., The Hague, Netherlands, says its major shareholder, the Vereniging AEGON association, might realign its ownership interest in the company.
AEGON would not issue new shares to cover the cost of the restructuring, and the restructuring would not dilute the rights of holders of ordinary AEGON common stock, the company says.
“No decisions have been taken in relation to timing and quantum of the restructuring,” AEGON says. “When discussions are concluded a further announcement will be issued.”
Vereniging AEGON owns 40% of AEGON’s stock and wields a majority vote at shareholder meetings because it is the current incarnation of AGO, a mutual insurer that formed AEGON through a demutualization in 1978.
