After announcing their second pregnancy earlier this month, Ashton Kutcher and Mila Kunis have more exciting news to share: they're expecting twins!

A source revealed exclusively to Life & Style that the couple is "super excited" to be welcoming not one, but two little bundles of joy later this year.

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“They’re both so happy,” says the insider, “and love the idea of giving Wyatt two baby siblings.”

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Ashton, 38, is already preparing for the double arrival by buying sets of everything, including LA Dodgers baseball caps.

"He would love to have two boys, or a boy and a girl,” the source explains.

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However, the baby news didn't come as a huge surprise to the former That '70s Show co-stars, seeing as twins run in Ashton's family and he has a fraternal twin brother named Michael.

For more celebrity baby news, pick up the latest issue of Life & Style magazine, on newsstands now!

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For a look at Ashton and Mila's cutest moments, check out the gallery below!