on AXA (EPA:CS)
AXA Announces Details on Voting Rights and Share Capital as of March 2024
AXA, the Paris-based insurance giant, disclosed its share capital and voting rights status as of March 31, 2024. The update, compulsory under French law, outlined significant figures reflecting the company's current standing in the market. As of the given date, AXA's total share capital amounted to €5,198,732,365.74, with the total number of shares making up the share capital listed as 2,270,758,457.
The total voting rights associated with these shares were reported to be 2,730,079,436. This calculation includes all shares with voting rights attached, even those currently deprived of such rights, adhering to the terms set by the Autorité des marchés financiers' General Regulation. This disclosure meets both the legislative requirements set forth in the French Commercial Code and the regulatory expectations of the financial markets authority.
Additionally, AXA's bylaws enforce strict disclosure protocols; any party acquiring a stake exceeding 0.5% of AXA's share capital or voting rights, either directly or indirectly, must notify the company within five days. This procedure is designed to maintain transparency around ownership and voting power within the corporation.
R. H.
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