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AXA (CS)
AXAOpen
€40.87
Previous close
€40.57
Trade high
€41.14
Volume
5,191,875
Year high
€41.14
Year low
€29.04
Dividend yield
4.88%
Market capitalisation
€89.07 bn
P/E ratio
12.50
ISIN
FR0000120628
This share can be held in a Dealing accountStocks and shares ISALifetime ISAJISASIPP
Share price
Company profile
AXA's origins date back to Ancienne Mutuelle, which was one of the few insurers that remained after the creation of the French social security system. With the threat of nationalization, a merger took place between Drouot and AXA (still known as Mutuelles Unies in 1982) and later Presence. Ten years later, AXA acquired North American life insurer Equitable Holdings. This was a time of expansion as AXA also bought UAP, a French insurer. As markets crashed at the turn of the millennium, AXA decided to refocus its business and exited its stake in US investment bank Donaldson, Lufkin & Jenrette. A few years later the firm expanded again with the acquisition of Swiss insurer Winterthur. About five years ago, AXA started to reshape its portfolio to technical risks.
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