Dai-ichi Life Holdings, Inc. (TSE:8750) announces a share repurchase program. Under the program, the company will repurchase 90,000,000 shares, representing 8.75% of its share capital, for ¥120,000 million. The company will repurchase its shares in order to improve shareholder interests through the implementation of agile capital policies and the improvement of capital efficiency.

The program will run until March 31, 2023. As of March 31, 2022, the company had 1,028,362,053 shares outstanding (excluding treasury shares) and 2,986,647 shares in treasury.