Axis Capital Launches New $400 Million Share-Buyback Program

Dow Jones

02/20

By Sabela Ojea

Axis Capital plans to buy back up to $400 million of its shares.

The insurance and reinsurance company on Wednesday said that its board of directors approved the new stock-repurchase program. It replaces a prior $300 million program that had been exhausted.

The new program is open-ended, the company said, and repurchases can be made in the open market or in private transactions.

Write to Sabela Ojea at sabela.ojea@wsj.com

(END) Dow Jones Newswires

February 19, 2025 18:56 ET (23:56 GMT)

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