MS&AD Insurance Group Holdings, Inc. (TSE:8725) announces a share repurchase program. Under the program, the company will repurchase up to 30,000,000 shares, representing 1.95% of its issued share capital, for ¥ 60,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency.
The program is valid till March 24, 2025. As of September 30, 2024, there are 1,537,983,879 outstanding shares (excluding treasury stock) and 70,414,829 treasury shares.