AXIS Capital Declares Quarterly Dividends and Announces New Share Repurchase Authorization

AXIS Capital (NYSE: AXS) declared a quarterly common dividend of $0.44 per share payable April 15, 2026 to holders of record as of March 31, 2026.

Rhea-AI Summary

AXIS Capital (NYSE: AXS) declared a quarterly common dividend of $0.44 per share payable April 15, 2026 to holders of record as of March 31, 2026. The Board also declared a Series E preferred dividend of $34.375 per share payable April 15, 2026.

The Board approved a new open-ended $300 million share repurchase authorization, supplementing an existing program with $112 million available as of December 31, 2025. Repurchases may occur in the open market or via private transactions and will be opportunistic based on market and regulatory conditions.

Positive

• Common dividend of $0.44 per share declared
• Preferred dividend of $34.375 per Series E share declared
• $300M new share repurchase authorization approved
• $112M remaining under prior repurchase program (as of 12/31/2025)

Negative

• None.

Argus Feb 27 session

+1.06% close to close Open Argus

Details

News Market Reaction – AXS

On Feb 27, the first trading day after this news, AXS closed 1.06% above the previous close.

Data tracked by StockTitan Argus for the Feb 27 session.

Key Figures

Common dividend: $0.44 per share Preferred dividend: $34.375 per Series E share Depositary share dividend: $0.34375 per depositary share +5 more

Common dividend

$0.44 per share

Quarterly dividend payable April 15, 2026

Preferred dividend

$34.375 per Series E share

5.50% preferred, payable April 15, 2026

Depositary share dividend

$0.34375 per depositary share

Equivalent to Series E preferred dividend

New repurchase authorization

$300 million

New share repurchase program approved by Board

Existing program remaining

$112 million

Capacity left under Sept 17, 2025 authorization as of Dec 31, 2025

Current price

$102.59

Pre-news close vs 52-week high $110.3375

52-week range

$84.81–$110.3375

Price is 7.02% below high, 20.96% above low

Shares outstanding

77,037,743 shares

As of September 30, 2025 (from shelf filing)

Previous Buybacks,dividends Reports

3 past events · Latest: Sep 17

Same Type 3 events

1. Sep 17

   Dividends & buyback

   24h Move

   +1.4%

   Quarterly dividends plus new $400M repurchase authorization.

2. Feb 19

   Dividends & buyback

   24h Move

   +1.2%

   Quarterly dividends and fresh $400M share repurchase program.

3. May 16

   Dividends & buyback

   24h Move

   +1.2%

   Quarterly dividends plus new $300M buyback layered on prior plan.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

share repurchase program, depositary share

2 terms

share repurchase program financial

"approved a new share repurchase program, authorizing the Company to purchase up to an aggregate $300 million"

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

depositary share financial

"preferred share (equivalent to $0.34375 per depositary share) payable on April 15, 2026"

A depositary share is a special type of stock that represents ownership in a company but is traded on the stock market like regular shares. It often makes it easier for people to buy and sell shares of companies from other countries or smaller companies that don’t list directly on big exchanges.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

PEMBROKE, Bermuda, Feb. 26, 2026 (GLOBE NEWSWIRE) -- AXIS Capital Holdings Limited ("AXIS Capital" or the “Company”) (NYSE: AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.44 per common share payable on April 15, 2026 to shareholders of record at the close of business on March 31, 2026.

In addition, the Board declared a dividend of $34.375 per Series E 5.50% preferred share (equivalent to $0.34375 per depositary share) payable on April 15, 2026 to shareholders of record at the close of business on March 31, 2026.

AXIS Capital also announced that its Board of Directors approved a new share repurchase program, authorizing the Company to purchase up to an aggregate $300 million of the Company’s common shares. This new share repurchase program supplements the existing share repurchase program, which was authorized on September 17, 2025, under which, as of December 31, 2025, $112 million remains available for use.

The new share repurchase program is open-ended, allowing the Company to repurchase its shares from time to time in the open market or in privately negotiated transactions. The Company will consider share repurchases on an opportunistic basis. The timing and amount of the repurchases will depend on a variety of factors, including market, economic, corporate and regulatory conditions.

About AXIS Capital
AXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. The Company has shareholders’ equity of $6.4 billion at December 31, 2025, and locations in Bermuda, the United States, Europe, Singapore and Canada. Its operating subsidiaries have been assigned a financial strength rating of "A+" ("Strong") by Standard & Poor’s and "A" ("Excellent") by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com.

Follow AXIS Capital on LinkedIn and X.

Investor Contact	Media Contact
Cliff Gallant	Nichola Liboro
+1 (415) 262-6843	+1 (212) 940-3394
investorrelations@axiscapital.com	nichola.liboro@axiscapital.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When is AXIS Capital (AXS) paying the declared common dividend and who is eligible?

AXS will pay the common dividend on April 15, 2026 to holders of record at close of business March 31, 2026. According to the company, shareholders on the March 31 record date will receive the $0.44 per share payment on April 15.

What is the Series E preferred dividend AXIS Capital (AXS) declared and when is it payable?

AXS declared a Series E preferred dividend of $34.375 per share payable April 15, 2026. According to the company, the dividend equals $0.34375 per depositary share and is payable to record holders as of March 31, 2026.

How large is the new AXIS Capital (AXS) share repurchase authorization and how will repurchases be made?

AXS authorized up to $300 million in new share repurchases under an open-ended program. According to the company, repurchases may occur opportunistically in the open market or in privately negotiated transactions over time.

How much remained available under AXIS Capital's prior repurchase program at December 31, 2025?

As of December 31, 2025, $112 million remained available under the prior repurchase program. According to the company, the new $300 million authorization supplements that remaining capacity for future repurchases.

What factors did AXIS Capital (AXS) say will determine timing and amounts of share repurchases?

AXS said repurchase timing and amounts depend on market, economic, corporate and regulatory conditions. According to the company, those factors will guide opportunistic repurchases and any decisions will reflect prevailing conditions.