Japan Post Insurance to repurchase up to 30m shares
Japan Post Insurance announced plans to acquire up to 30,000,000 of its own shares, not exceeding a total purchase price of ¥35 billion. The buyback period is slated from November 15, 2024, to November 14, 2025, utilizing ToSTNeT-3 and on-market transactions. This decision, approved by the board on March 28, 2025, aims to improve capital efficiency and strengthen shareholder returns, aligning with the company's medium-term management plan. The buyback intends to maintain the Japan Post Holdings' voting rights ratio at the current level after the repurchase. All treasury shares acquired will be retired. As of February 28, 2025, Japan Post Insurance held 11,246 of its own shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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