Japan Post Insurance Co., Ltd. (TSE:7181) announces a share repurchase program. Under the program, the company will repurchase 30,000,000 shares, representing 7.51% of its issued shares for ¥35,000 million. The purpose of the program is improving capital efficiency and enhancing shareholder returns.

The program will run until March 31, 2023. As of June 30, 2022, the company had 399,682,549 shares (excluding treasury stock) issued and 11,151 shares in treasury.