Sompo Holdings buys back 24.3bn yen of shares

Sompo Holdings acquired 5,650,800 shares of its common stock during July for 24.3bn yen through Tokyo Stock Exchange purchases.

The buyback is part of a broader program authorized in May, allowing acquisition of up to 33 million shares worth a maximum 105bn yen through November.

Cumulatively, the company has repurchased 9.7 million shares for 41.8bn yen as of July 31.