Tokio Marine Holdings, Inc. (the "Company") announced that it repurchased its own shares as approved by its board of directors on November 19, 2024 pursuant to Article 156 of the Companies Act, which is applicable in accordance with Article 165, paragraph 3 of the Companies Act. The progress of the share repurchases is as follows.
(a) Class of shares repurchased: Common shares of the Company
(b) Number of shares repurchased: 5,528,400 shares
(c) Aggregate purchase price of the shares: 31,000,568,500 yen
(d) Period in which repurchases were made: From March 1, 2025 through March 31, 2025
(For reference)
1. Details of the resolution made by the board of directors held on November 19, 2024 are as follows.
(a) Class of shares to be repurchased: Common shares of the Company
(b) Aggregate number of shares to be repurchased: Up to 75,000,000 shares (Represents approximately 3.8% of the total issued shares excluding treasury shares)
(c) Aggregate purchase price of the shares: Up to 120 billion yen
(d) Period in which repurchases may be made: From November 20, 2024 through May 15, 2025
2. Details of the share repurchases made by March 31, 2025 as approved by the board of directors on November 19, 2024 are as follows.
(a) Number of shares repurchased: 19,624,600 shares
(b) Aggregate purchase price of the shares: 108,428,519,100 yen
