AXA American Depository Shares (ADS)
An ADS is a financial instrument that enables non-US companies to list their shares in the United States.
From June 25, 1996 to March 25, 2010, AXA shares were listed on the New York Stock Exchange as level 3 American Depositary Receipts (ADR). Each ADR represented one American Depositary Share (ADS), and each ADR in turn represented a share of AXA.
On January 25, 2010, AXA announced its intention to delist from the NYSE and deregister with the SEC to focus trading on Euronext Paris. The de-listing of the level three ADRs became effective on March 25, 2010.
AXA has decided to maintain its US ADR program as a "level one" program which permits US investors to continue holding and trading AXA ADS in the US over-the-counter market, via OTCQX.
The AXA Group offers holders of ADS:
- dedicated assistance service by email or telephone
- the possibility of buying and selling ADS without brokerage commissions
- a dividend reinvestment plan.
For information, visit the AXA Equitable website under Shareholders Services. Information is in English only.