AXA has executed today a share repurchase agreement with an investment services provider, whereby AXA will buy back its own shares for a maximum amount of Euro 1.1 billion, as communicated on February 23, 2023. The share repurchase agreement will be executed in accordance with the terms of the applicable Shareholders’ Annual General Meeting authorization*.
Under the share repurchase agreement** announced today, shares will be bought back commencing on February 27, 2023, and ending at the latest on May 16, 2023. On each day during the purchase period, the price per share to be paid by AXA*** will be determined on the basis of the volume-weighted average share price.
AXA intends to cancel all shares repurchased pursuant to this share buy-back program.
Information regarding share buyback programs is disclosed on the AXA Group**** website.