AXIS Capital Holdings Limited announced that its Board of Directors has declared a quarterly dividend of $0.44 per common share, which will be payable on October 17, 2025, to shareholders who are on record as of September 30, 2025.
The Board also declared a dividend of $34.375 per Series E 5.50% preferred share, or $0.34375 per depositary share, also payable on October 17, 2025, to shareholders of record at the close of business on September 30, 2025.
In addition to these dividends, AXIS Capital’s Board approved a new share repurchase program. The company is authorized to buy back up to an aggregate $400 million in common shares. This new authorization replaces the previous $400 million repurchase program that had already been completed.
The company stated that the new program is open-ended and allows for purchases either in the open market or through privately negotiated transactions. According to AXIS Capital, “The Company will consider share repurchases on an opportunistic basis. The timing and amount of the repurchases will depend on a variety of factors, including market, economic, corporate and regulatory conditions.”
AXIS Capital operates globally as a specialty underwriter and provider of insurance and reinsurance solutions. As of June 30, 2025, it reported shareholders' equity totaling $6.2 billion and maintains offices in Bermuda, the United States, Europe, Singapore and Canada. Its subsidiaries hold financial strength ratings of "A+" from Standard & Poor's and "A" from A.M. Best.
More information about AXIS Capital can be found at www.axiscapital.com.