TOKYO, Mar 23 (Pulse News Wire) – Tokio Marine Holdings,inc. (8766.T) decided to repurchase up to 2.5% of its outstanding shares, excluding treasury stock, during the period from April 1, 2026, to September 18, 2026.
This decision follows the strategic partnership with National Indemnity Company, a subsidiary of Berkshire Hathaway Inc., and a share issuance to third parties. The move aims to offset dilution effects resulting from the share issuance. The company plans to repurchase up to 148,900,000 ordinary shares, which represents up to 2.5% of the total outstanding shares excluding treasury stock.
The total value of the buyback is capped at ¥148.90 billion. As of February 28, 2026, the total number of outstanding shares, excluding treasury stock, was 5,956,000,000, while the company held 148,900,000 treasury shares. This buyback strategy reflects Tokio Marine's flexible capital policy, allowing for dynamic adjustments based on factors such as capital levels, market conditions, investment opportunities, and impact on adjusted EPS growth.
Following the strategic alliance, the company intends to reassess its shareholder return policies for fiscal year 2026 and beyond.
🟢 Confidence: High AI-translated content.