Liquidity contract
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AXA has mandated CA Cheuvreux to implement a liquidity contract, effective May 17th, 2005 for a period of one year with tacit renewal.
This contract is compliant with the Business Ethics Charter of the AFEI (French Association of Investment Firms) which was approved on March 22, 2005 by the French AMF (Autorité des Marchés Financiers).
AXA has dedicated Euro 120 million to support the implementation of this contract.
Six-month report on AXA's liquidity contract
As per the liquidity contract, which AXA entered into with CA Cheuvreux company, at June 30, 2009 the following resources were booked to the liquidity account:
- 2.350.000 shares
- €77.414.025,90
Note that the most recent prior report on the situation at December 31, 2008, showed the following liquidity account resources:
- 4.700.000 shares
- €54.803.193,04