(Boursier.com) — AXA has entered into a share repurchase agreement with an investment services provider under which the insurer undertakes to repurchase its own shares for a maximum amount of 1.6 billion euros.
The share repurchase agreement will be executed in accordance with the terms of the authorization in force as granted by the Annual General Meeting of shareholders. The repurchases are expected to begin on February 26, 2024 and end no later than August 5, 2024. AXA confirms its intention to subsequently cancel all shares thus repurchased.
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