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RSS FeedsElimination of the dilutive impact of Shareplan 2019
(WorldNews Entertainment)

 
 

16 september 2019 21:35:41

 
Elimination of the dilutive impact of Shareplan 2019
(WorldNews Entertainment)
 


Paris, September 16, 2019 Elimination of the dilutive impact of Shareplan 2019 In the context of the AXA Group`s 2019 employee share offering (Shareplan 2019)1 and in order to eliminate any associated dilutive effect, AXA has executed today a share repurchase agreement with an investment services provider, whereby AXA will buyback its own shares for a maximum amount of EUR 401,200,000, in accordance with the terms of its share repurchase program2, with a view to cancelling them. The price per share to be paid by AXA shall be determined on the basis of the arithmetic average of the daily volume-weighted average prices calculated over a period of 20 trading days commencing on September 17, 2019...


 
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