Company: AXS-PE
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001214816-25-000181
Chunk: 104

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1A
Chunk 104
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ITEM 1A.      RISK FACTORS

There were no material changes from the risk factors disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2024.

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ITEM 2.      UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Issuer Purchases of Equity Securities 

The following table shows information regarding the number of common shares repurchased in the quarter ended September 30, 2025:PeriodTotal numberof sharespurchased (a) (b) Averageprice paidper shareTotal number of shares purchased as part ofpublicly announcedprograms (a)Maximum number (or approximatedollar value) of shares that may yet bepurchased under the announced programs (c) (d) (e)July 1-31, 20251 $102.44 — $110 millionAugust 1-31, 20251,063 $96.37 1,063 $8 millionSeptember 1-30, 202576 $98.57 76 $400 millionTotal  1,140  1,139 $400 million

(a)  In thousands.

(b) Includes shares repurchased from employees to satisfy personal withholding tax liabilities that arise on the vesting of share-settled restricted stock units under our 2017 Long-Term Equity Compensation Plans.

(c)  On February 6, 2025, authorization under our Board-authorized share repurchase program for common share repurchases approved in May 2024 was exhausted. 

(d) On September 3, 2025, authorization under our Board-authorized share repurchase program for common share repurchases approved in February 2025 was exhausted. 

(e)  On September 17, 2025, the Company's Board of Directors approved a new share repurchase program for up to $400 million of the Company's common shares. The new share repurchase program is open-ended, allowing the Company to repurchase its shares from time to time in the open market or privately negotiated transactions, depending on market conditions.

ITEM 5.      OTHER INFORMATION

Disclosure of Certain Activities Under Section 13(r) of the Securities Exchange Act of 1934

Section 13(r) of the Securities Exchange Act of 1934, as amended