Sompo Holdings ( (JP:8630) ) has provided an update.
Sompo Holdings, Inc. announced the progress of its share buyback program, which was initiated by a resolution from its Board of Directors in November 2024. As of March 2025, the company repurchased 4,786,800 shares valued at approximately ¥21.96 billion through open-market transactions on the Tokyo Stock Exchange. This move is part of a larger buyback initiative with a potential total of up to 72 million shares, indicating a strategic effort to enhance shareholder value and optimize capital structure.
More about Sompo Holdings
Sompo Holdings, Inc. operates in the insurance industry, offering a range of services primarily focused on providing insurance products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is led by Group CEO Mikio Okumura.
YTD Price Performance: 19.44%
Average Trading Volume: 14,824
Technical Sentiment Signal: Sell
Current Market Cap: $29.52B
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