(CercleFinance.com) – Axa announces that it has modified the share repurchase agreement concluded with an investment services provider on February 23, with the aim of increasing the maximum amount of its own shares that the insurer will repurchase of 0.2 billion euros.
This amendment, which also extends the purchase period from August 5 to 30, 2024, follows the announcement on May 2 of the anti-dilutive share buyback of 0.2 billion euros relating to the reinsurance agreement concluded between AXA Life Europe and New Reinsurance Company.
The share repurchase agreement is executed in accordance with the terms of the authorization granted by the shareholders’ general meeting. AXA confirms its intention to cancel all shares repurchased under this program.
Copyright © 2024 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends using the buttons below.
