{"id":494644,"date":"2021-05-17T16:58:08","date_gmt":"2021-05-17T20:58:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/equitable-holdings-announces-agreement-to-repurchase-residual-shares-held-by-axa-s-a-following-the-maturity-of-mandatory-exchangeable-bond\/"},"modified":"2021-05-17T16:58:08","modified_gmt":"2021-05-17T20:58:08","slug":"equitable-holdings-announces-agreement-to-repurchase-residual-shares-held-by-axa-s-a-following-the-maturity-of-mandatory-exchangeable-bond","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/equitable-holdings-announces-agreement-to-repurchase-residual-shares-held-by-axa-s-a-following-the-maturity-of-mandatory-exchangeable-bond\/","title":{"rendered":"Equitable Holdings Announces Agreement to Repurchase Residual Shares Held by AXA S.A. Following the Maturity of Mandatory Exchangeable Bond"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Equitable Holdings Announces Agreement to Repurchase Residual Shares Held by AXA S.A. Following the Maturity of Mandatory Exchangeable Bond<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEquitable Holdings, Inc. (NYSE: EQH) today announced that it has agreed to repurchase 7.1 million shares from AXA S.A. (\u201cAXA\u201d) following the maturity of the mandatory exchangeable bonds originally issued by AXA on May 14, 2018. The transaction will close on May 20, 2021.\n<\/p>\n<p><b>About Equitable Holdings<\/b><\/p>\n<p>\nEquitable Holdings, Inc. (NYSE: EQH) is a financial services holding company comprised of two complementary and well-established principal franchises, Equitable and AllianceBernstein. Founded in 1859, Equitable provides advice, protection and retirement strategies to individuals, families and small businesses. AllianceBernstein is a global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets. Equitable Holdings has approximately 12,000 employees and financial professionals, $822 billion in assets under management (as of 3\/31\/2021) and more than 5 million client relationships globally.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210517005930r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210517005930\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210517005930\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>I\u015f\u0131l M\u00fcderriso\u011flu<br \/>\n<br \/>(212) 314-2476<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:IR@equitable.com\">IR@equitable.com<\/a><\/p>\n<p><b>Media Relations<br \/>\n<\/b><br \/>Matt Asensio<br \/>\n<br \/>(212) 314-2010<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mediarelations@equitable.com\">mediarelations@equitable.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Consulting Banking Professional Services Insurance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210517005930\/en\/776024\/3\/EQH.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Equitable Holdings Announces Agreement to Repurchase Residual Shares Held by AXA S.A. Following the Maturity of Mandatory Exchangeable Bond NEW YORK&#8211;(BUSINESS WIRE)&#8211; Equitable Holdings, Inc. (NYSE: EQH) today announced that it has agreed to repurchase 7.1 million shares from AXA S.A. (\u201cAXA\u201d) following the maturity of the mandatory exchangeable bonds originally issued by AXA on May 14, 2018. The transaction will close on May 20, 2021. About Equitable Holdings Equitable Holdings, Inc. (NYSE: EQH) is a financial services holding company comprised of two complementary and well-established principal franchises, Equitable and AllianceBernstein. Founded in 1859, Equitable provides advice, protection and retirement strategies to individuals, families and small businesses. AllianceBernstein is a global investment management firm that offers high-quality research and diversified &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/equitable-holdings-announces-agreement-to-repurchase-residual-shares-held-by-axa-s-a-following-the-maturity-of-mandatory-exchangeable-bond\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Equitable Holdings Announces Agreement to Repurchase Residual Shares Held by AXA S.A. Following the Maturity of Mandatory Exchangeable Bond&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-494644","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Equitable Holdings Announces Agreement to Repurchase Residual Shares Held by AXA S.A. Following the Maturity of Mandatory Exchangeable Bond - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/equitable-holdings-announces-agreement-to-repurchase-residual-shares-held-by-axa-s-a-following-the-maturity-of-mandatory-exchangeable-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Equitable Holdings Announces Agreement to Repurchase Residual Shares Held by AXA S.A. Following the Maturity of Mandatory Exchangeable Bond - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Equitable Holdings Announces Agreement to Repurchase Residual Shares Held by AXA S.A. Following the Maturity of Mandatory Exchangeable Bond NEW YORK&#8211;(BUSINESS WIRE)&#8211; Equitable Holdings, Inc. (NYSE: EQH) today announced that it has agreed to repurchase 7.1 million shares from AXA S.A. (\u201cAXA\u201d) following the maturity of the mandatory exchangeable bonds originally issued by AXA on May 14, 2018. The transaction will close on May 20, 2021. About Equitable Holdings Equitable Holdings, Inc. (NYSE: EQH) is a financial services holding company comprised of two complementary and well-established principal franchises, Equitable and AllianceBernstein. Founded in 1859, Equitable provides advice, protection and retirement strategies to individuals, families and small businesses. AllianceBernstein is a global investment management firm that offers high-quality research and diversified &hellip; Continue reading &quot;Equitable Holdings Announces Agreement to Repurchase Residual Shares Held by AXA S.A. 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