Sompo Holdings executes first tranche of share buyback program
Sompo Holdings (TSE: 8630) announced the progress of its share buyback program, initiated under a Board of Directors resolution passed on May 20, 2025. Between June 2, 2025, and June 30, 2025, the company repurchased 4,014,600 shares of its common stock through open-market transactions on the Tokyo Stock Exchange, at a total value of ¥17,486,937,400. This buyback represents the first tranche of a larger initiative approved by the board, which authorizes the repurchase of up to 33,000,000 shares, representing 3.53% of issued and outstanding shares (net of treasury stock), for a maximum total value of ¥105,000,000,000. The overall buyback program is scheduled to continue until November 18, 2025.
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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