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CS Axa

31.43
-0.44 (-1.38%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Axa EU:CS Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.44 -1.38% 31.43 31.31 31.60 32.00 30.50 32.00 5,611,738 16:40:00

AXA to Sale 40 Million EQH Shares for $834 Million

07/06/2019 7:24am

Dow Jones News


Axa (EU:CS)
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From May 2019 to May 2024

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By Olivia Bugault

 

AXA SA (CS.FR) said Thursday that it has sold 40 million shares of its subsidiary AXA Equitable Holdings Inc. (EQH), known as EQH, for $834 million.

AXA said that the shares have been sold for a net price of $20.85 each.

The company has granted its underwriters --Barclays and Morgan Stanley-- a 30-day option to buy up to 6 million additional shares of EQH.

AXA's stake in EQH will fall to roughly 40.1% from around 48.3% upon completion of the offering, AXA said.

 

Write to Olivia Bugault at olivia.bugault@dowjones.com

 

(END) Dow Jones Newswires

June 07, 2019 02:09 ET (06:09 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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