AXA S.A., FR0000120628

AXA executes EUR 470.8 million buyback and AXA stock costs EUR 41.99

Published on 10/02/2026 at 12:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AXA targets 7.00 percent to 9.00 percent annual earnings growth through 2029. AXA stock stood at EUR 41.99 on October 2, 2026 versus EUR 42.25.

Flachliegende Anordnung von Versicherungsdokument, Zertifikat, Lupe und Schirm — Flatlay mit Versicherungspolice und Zertifikat illustriert Geschäftsfeld von AXA S.A. (FR0000120628) im Versicherungswesen, Illustration mit AI erstellt.

AXA (ISIN FR0000120628) was trading at EUR 41.99 at Lang & Schwarz on October 2, 2026 at 12:40 p.m. CEST, down 0.62 percent from the prior close of EUR 42.25. On October 1, 2026, AXA executed a share repurchase agreement worth a maximum EUR 470.8 million to cancel shares issued under its employee offering.

The buyback starts a fixed window

The purchase price will use the arithmetic average of AXA share prices over 20 trading days beginning October 2, 2026, according to the company release. The investment services provider can conduct the related purchases through October 29, 2026, giving the agreement a defined timetable rather than an open-ended authorization.

Targets rise for 2027 to 2029

AXA's new plan targets annual growth in underlying earnings per share, an adjusted measure, of 7.00 percent to 9.00 percent from 2026 to 2029. Its underlying return on equity target is 15.00 percent to 17.00 percent for 2027 to 2029, compared with the 14.00 percent to 16.00 percent range set for 2026.

Reuters reported on September 15, 2026, that the plan also retains a 75.00 percent payout ratio and targets annual pre-tax benefits of EUR 500 million to EUR 700 million from artificial intelligence initiatives by 2029. The comparison matters because AXA is raising both its earnings-growth range and return-on-equity ambition while maintaining capital distribution.

AXA stock remains below analyst targets

MarketScreener reported on September 21, 2026, that Goldman Sachs raised its target from EUR 48.50 to EUR 50.00 and kept a Buy rating. That target lies 19.08 percent above the Lang & Schwarz price of EUR 41.99, using the same euro currency for both values.

AXA stock stays at EUR 41.99

AXA stock was trading at EUR 41.99 at Lang & Schwarz on October 2, 2026 at 12:40 p.m. CEST, minus 0.62 percent versus the Lang & Schwarz prior close of EUR 42.25 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of AXA stock.