on AXA (EPA:CS)
AXA Initiates €3.8 Billion Share Buyback Following AXA IM Sale
On July 1, 2025, AXA announced the execution of a share repurchase agreement to buy back its own shares up to €3.8 billion. This move aims to counteract earnings dilution caused by the sale of AXA Investment Managers to BNP Paribas, as previously disclosed on August 1, 2024.
The share buyback will be implemented according to the authorization from the Shareholders' Meeting. Scheduled to start on July 2, 2025, the program will continue until February 26, 2026, at the latest. Daily purchase prices will be based on the volume-weighted average share price.
AXA plans to cancel all repurchased shares progressively, aligning with their strategy to manage capital and investor returns effectively.
R. H.
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