Sompo Holdings Reports Progress on Share Buyback Program

The latest update is out from Sompo Holdings ( (JP:8630) ).

Sompo Holdings, Inc. announced the progress of its share buyback program, having repurchased 6,456,300 shares worth approximately ¥27.99 billion between February 1 and February 28, 2025. This initiative is part of a broader plan approved by the Board of Directors to repurchase up to 72 million shares, aiming to enhance shareholder value and optimize capital structure.

More about Sompo Holdings

Sompo Holdings, Inc. operates in the insurance industry, providing a range of insurance services. The company is listed on the Prime Market of the Tokyo Stock Exchange and is led by Group CEO Mikio Okumura.

YTD Price Performance: 14.76%

Average Trading Volume: 24,254

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $28.78B

For an in-depth examination of 8630 stock, go to TipRanks’ Stock Analysis page.