Axis Capital has retired 53.1% of its shares since 2004, from 155,619,498 to 72,966,317.
At $99.63 a share, a market value of $7.3B. P/E 6.8, trailing twelve months to March 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2003 | 2004-01-31 | 152,474,011 | 10-K | cover page |
| 2004 | 2005-01-31 | 155,619,498 | 10-K | cover page |
| 2005 | 2006-02-28 | 151,129,079 | 10-K | cover page |
| 2006 | 2007-02-23 | 152,215,446 | 10-K | cover page |
| 2007 | 2008-02-20 | 151,332,323 | 10-K | cover page |
| 2008 | 2009-02-19 | 141,804,212 | 10-K | cover page |
| 2009 | 2009-12-31 | 132,140,000 | 10-K | |
| 2010 | 2011-02-14 | 117,399,320 | 10-K | |
| 2011 | 2012-02-07 | 130,847,292 | 10-K | |
| 2012 | 2013-02-08 | 122,053,575 | 10-K | |
| 2013 | 2014-02-10 | 112,059,576 | 10-K | |
| 2014 | 2015-02-11 | 100,838,704 | 10-K | |
| 2015 | 2016-02-17 | 94,912,458 | 10-K | |
| 2016 | 2017-02-17 | 86,118,540 | 10-K | |
| 2017 | 2018-02-20 | 83,228,829 | 10-K | |
| 2018 | 2019-02-20 | 83,628,651 | 10-K | |
| 2019 | 2020-02-21 | 84,002,300 | 10-K | |
| 2020 | 2021-02-22 | 84,407,257 | 10-K | |
| 2021 | 2022-02-22 | 84,802,318 | 10-K | |
| 2022 | 2023-02-22 | 84,710,662 | 10-K | |
| 2023 | 2024-02-23 | 84,447,014 | 10-K | |
| 2024 | 2025-02-21 | 80,786,584 | 10-K | |
| 2025 | 2026-02-23 | 73,965,939 | 10-K |
Source: all 10-K filings of Axis Capital on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
The story
Every Monday we write about one of these companies.
Read the full storyCash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $99.63.
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Yes. Axis Capital has 5.3% fewer shares outstanding than twelve months ago, 72,966,317 as of July 24, 2026. Over five years the share count is down 13.9%.
Net of every new share it issued, Axis Capital has 82.7 million fewer shares than at its 2004 peak. That is 53.1% of the company.
72,966,317 shares, as of July 24, 2026, from the cover page of its latest 10-Q. At the 2004 peak it had 155,619,498.
Each share is a bigger slice of the company. Someone who held Axis Capital stock in 2004 owns 2.1 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Axis Capital ranks No. 74 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Landstar System (53.2%), Crocs (53.2%), CSX (53.1%), Spectrum Brands (52.9%).
Every answer is computed from Axis Capital's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
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