[English Translation]
February 21, 2022
To Whom It May Concern:
Company Name : Sompo Holdings, Inc.
Representative : Kengo Sakurada, Group CEO
President and Representative
Executive Officer
(Stock Code: 8630, the first section of the Tokyo Stock Exchange, Inc.)
Announcement of Completion of Share Buybacks
(Share buybacks in accord with articles of incorporation provisions set pursuant to Article 165,
paragraph 2, of the Companies Act)
Sompo Holdings, Inc. (the "Company") announces the progress of share buybacks in February 2022 under the resolution by its Board of Directors on November 19, 2021 in accord with Article 156 of the Companies Act applied pursuant to Article 165, paragraph 3 of the Companies Act.
The Company announces the completion of share buybacks under the resolution by the Board of Directors on November 19, 2021.
The progress of share buybacks in February 2022
1. | Class of shares | Common stock of the Company |
2. | Total number of shares repurchased | 978,700 shares |
3. | Total price of shares repurchased | ¥5,359,955,400 |
4. | Period (on the basis of execution date) | February 1, 2022 - February 18, 2022 |
5. | Method of repurchase | Open-market transactions on the Tokyo Stock Exchange |
(For reference)
1. Details of the resolution approved at the Board of Directors' meeting held on November 19, 2021
(1) | Class of shares | Common stock of the Company |
(2) | Potential total number | 6,000,000 shares (upper limit) |
(1.73% of issued and outstanding shares (net of treasury stock)) | ||
(3) Total price | ¥20,000,000,000 (upper limit) | |
(4) | Period | December 1, 2021 - March 31, 2022 |
2. Cumulative total number and price of the Company's share buybacks under the resolution above
(1) | Total number of shares repurchased | 3,835,300 shares |
(2) | Total price of shares repurchased | ¥19,999,471,700 |
(End of Document)
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Sompo Holdings Inc. published this content on 21 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 February 2022 06:10:10 UTC.