Sompo Holdings advances share buyback, acquires 4m shares in August
Sompo Holdings has reported the status of its share buyback program for August 2025, detailing the acquisition of 4,023,000 shares of its common stock. These shares were purchased at a total value of JPY 18,859,242,500 through open-market transactions on the Tokyo Stock Exchange between August 1 and August 31, 2025. This follows a resolution approved by the board of directors on May 20, 2025.
The May 2025 resolution authorized the repurchase of up to 33,000,000 shares, representing 3.53% of the company's issued and outstanding shares (net of treasury stock), with an upper limit of JPY 105,000,000,000. The total buyback period for this program is from June 2, 2025, to November 18, 2025.
Cumulatively, as of August 31, 2025, Sompo Holdings has repurchased 13,688,400 shares under this program, amounting to a total value of JPY 60,629,271,500. This demonstrates the company's commitment to its capital management strategy.
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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