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Sompo Holdings announces ¥39.10B share buyback plan

Sompo Holdings Inc. plans to buy back a maximum of 13 million own shares for up to ¥39.10 billion.

The shares represent about 3.41% of the company's total issued shares, the company said May 18. Sompo Holdings will repurchase the shares from May 21 to Nov. 16.

As of May 17, US$1 was equivalent to ¥110.82.