AXIS Capital repurchases 2.4M shares from Stone Point affiliate for $238M

AXIS CAPITAL HOLDINGS LTD

Repurchased 2,404,133 shares at $98.90 each from T-VIII PubOpps LP (Stone Point), aggregate $237.8M.
Stone Point stake drops from ~3.1% to zero; Charles Davis (Stone Point Chairman, AXIS director) involved.
Part of $400M board-authorized share repurchase program; CFO executed agreement.
Closing expected two business days after November 19, 2025.

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