AXA staff now hold a 5.19% share in the firm

AXA staff hoovered up shares worth €330 million in an equity jackpot offered by the company last year to boost morale and commitment.

AXA last year offered 24,000 staff across 36 countries, which is around a quarter of the workforce, the chance to own company shares, it is shown in the full year results today. 

The French insurance giant issued 15 million new shares, worth €330 million in total. The subscribed price was €18.56 for the classic plan and €21.83 for the leveraged plan.

It now means AXA staff hold a 5.19% share in the firm and 6.37% of the voting rights.