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Tokio Marine completes share repurchase

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Tokio Marine completes share repurchase

Tokio Marine Holdings Inc. completed its share repurchase program after reaching the limit for its planned total repurchase price.

The insurer said Dec. 14 that it bought back 4,834,900 of its own shares for ¥25.0 billion.

In November, Tokio Marine announced a plan to repurchase up to 8 million shares for up to ¥25 billion.

As of Dec. 13, US$1 was equivalent to ¥115.27.