I own a small number of AXP shares that I would like to sell but don want to pay high commissions or transaction costs. Does the Company have a buy back program?
No buy-back program for small shareholders is planned at this time. Small holders wishing to liquidate their holdings at a modest expense should consider either selling the shares through one of the low cost Internet brokerage services or, if one holds at least 10 shares, enrolling them in the Company’s Shareholder’s Stock Purchase Plan and then instructing the Plan Administrator, The Bank of New York, to sell the shares.
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