Axa SA Announces Terms of Share Repurchase Program


Monday, 25 Mar 2013 01:16pm EDT 

Axa SA announced the terms of share repurchase program that will be submitted for approval at the annual general meeting on April 30, 2013. As part of the program, the Company will be able to buy back up to 10% of its share capital, representing 238,861,098 shares at a maximum price of EUR 35 per share. Taking into account, the shares already held, the Company will be able to buy back up to 236,814,940 shares as part of the program. The program will last for 18 months from the date of the annual general meeting.