Tokio Marine Holdings, Inc. (TSE:8766) announces a share repurchase program. Under the program, the company will repurchase up to 40,000,000 shares, representing 2.02% of its issued share capital for ¥70,000 million. The purpose of the program is to carry out flexible capital policy.

The program is valid till May 15, 2024. As of September 30, 2023, the company had 1,977,321,751 shares issued (excluding treasury stock) and 25,178,249 shares in treasury.