on AXA (EPA:CS)
AXA's Share Repurchase Program Details
AXA has unveiled the specifics of its share repurchase program, which will be presented for approval at the upcoming Ordinary Shareholders’ Meeting on April 30, 2026. This program aligns with European Commission Regulations and aims to optimize various strategic objectives.
The key objectives include hedging stock options and employee share plans, managing liquidity through a liquidity contract, and using shares for external growth transactions. The program also encompasses actions such as cancelling shares following shareholder approval.
The plan authorizes AXA to repurchase up to 10% of its share capital, equating to a theoretical maximum of 209 million shares, at a maximum purchase price of €50 per share. The total potential investment is €10.45 billion, excluding charges. The program's duration is set for 18 months post-approval.
R. P.
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