AXIS Capital declares quarterly dividend, approves $400M share buyback

AXIS Capital Holdings Limited (NYSE: AXS) declared a quarterly dividend of $0.44 per common share payable October 17, 2025 to shareholders of record at the close of business on September 30, 2025, according to a company statement.

The board also declared a dividend of $34.375 per Series E 5.50% preferred share, equivalent to $0.34375 per depositary share, with the same payment and record dates.

The company announced its board approved a new $400 million share repurchase program, replacing a previous $400 million program that had been exhausted. The new program authorizes AXIS Capital to purchase up to $400 million of its common shares.

The share repurchase program is open-ended, allowing the company to buy back shares from time to time in the open market or through privately negotiated transactions. AXIS Capital stated it will consider share repurchases on an opportunistic basis, with timing and amounts dependent on market, economic, corporate and regulatory conditions.

AXIS Capital operates as a global specialty underwriter and provider of insurance and reinsurance solutions through its subsidiaries. The company reported shareholders' equity of $6.2 billion as of June 30, 2025, with operations in Bermuda, the United States, Europe, Singapore and Canada.

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