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Sompo Holdings Reports Progress in Share Buyback
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Sompo Holdings Reports Progress in Share Buyback

Sompo Holdings (JP:8630) has released an update.

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Sompo Holdings, Inc. has reported the completion of a portion of its share buyback program, repurchasing 3,155,600 shares at a cost of approximately ¥10.39 billion between September 1 and September 30, 2024. This buyback is a part of a larger plan approved on May 20, 2024, which allows for the repurchase of up to 40 million shares, representing 4.04% of its outstanding shares, for a maximum expenditure of ¥77 billion by November 18, 2024.

For further insights into JP:8630 stock, check out TipRanks’ Stock Analysis page.

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