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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 March 26 that it bought back a total of 19,538,900 of its own shares for about ¥100 billion.

Under the repurchase program announced in November 2017, the company sought to buy back up to 25 million shares for up to ¥100 billion.

As of March 26, US$1 was equivalent to ¥104.95.