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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 |
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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