Company: AXS-PE
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001214816-25-000149
Chunk: 52

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 52
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1,826 Total cost$51,090 $38,796 $515,596 $114,524 Average price per share(2)$100.28 $71.18 $92.79 $62.73 (1)  Shares are repurchased pursuant to the Company's Board-authorized share repurchase programs.(2)  Calculated using whole numbers.(3)  Shares are repurchased from employees to satisfy personal withholding tax liabilities that arise on the vesting of share-settled restricted stock units.

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Table of  ContentsAXIS CAPITAL HOLDINGS LIMITEDNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)9.    SHAREHOLDERS' EQUITY (CONTINUED)

Dividends 

The following table presents dividends declared and paid related to the Company's common and preferred shares: Per share dataDividends declaredDividends paid in period of declarationDividends paid in period following declarationThree months ended June 30, 2025   Common shares$0.44 $— $0.44    Series E preferred shares$34.38 $— $34.38 Three months ended June 30, 2024   Common shares$0.44 $— $0.44    Series E preferred shares$34.38 $— $34.38 Six months ended June 30, 2025   Common shares$0.88 $0.44 $0.44    Series E preferred shares$68.75 $34.38 $34.38 Six months ended June 30, 2024   Common shares$0.88 $0.44 $0.44    Series E preferred shares$68.75 $34.38 $34.38  

10.    DEBT AND FINANCING ARRANGEMENTS

Letter of Credit FacilityOn March 23, 2025, the $300 million Facility was amended to extend the tenors of issuable letters of credit to March 31, 2027.

On March 26, 2024, the $500 million Facility was amended to reduce the committed utilization capacity available under the Facility to $300 million (the "$300 million Facility"), enter into an uncommitted secured letter of credit facility with Citibank Europe plc, extend the tenors of issuable