AXA SA Mitigates Dilution with Share Buyback
Company Announcements

AXA SA Mitigates Dilution with Share Buyback

AXA SA (FR:CS) has released an update.

AXA SA has announced a share repurchase agreement to mitigate the dilutive effects of its 2024 employee share offering, Shareplan 2024. The company plans to buy back shares for cancellation using a maximum of 452.2 million euros from its repurchase program. The buyback price will be based on the average of the daily volume-weighted average prices over 20 trading days, starting October 3, 2024.

For further insights into FR:CS stock, check out TipRanks’ Stock Analysis page.

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