secwatch.observer — SEC 8-K summary
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Issuer:     AXIS CAPITAL HOLDINGS LTD (AXS)
CIK:        0001214816
Form:       8-K
Filed at:   2025-02-03T23:59:59+00:00
Accession:  0001104659-25-008417
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AXIS Capital repurchases ~2.23M shares from Stone Point affiliate for ~$200M
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- Repurchased 2,234,636 shares at $89.50/share from T-VIII PubOpps LP, an affiliate of Stone Point Capital.
- Aggregate purchase price of $199,999,922, funded under existing Board-authorized repurchase program.
- Stone Point ownership reduced from ~8% to ~5% of outstanding common shares post-repurchase.
- Director Charles Davis (Chairman, Co-CEO of Stone Point) is affiliated with the seller; repurchase structured as a definitive agreement.
- Closing expected three business days after February 3, 2025, with cash payment and DWAC transfer of shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1214816/000110465925008417/0001104659-25-008417-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1214816/000110465925008417/tm255279d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-008417

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