Dai-ichi Life Holdings, Inc. (TSE:8750) announces a share repurchase program. Under the program, the company will repurchase up to 50,000,000 shares, representing 5.26% of its total shares outstanding excluding treasury shares, for a total of ¥100,000 million. The purpose of repurchase program is to improve shareholder returns by implementing flexible capital policies and to improve capital efficiency.

The repurchased shares will be cancelled. The repurchase program is valid till March 31, 2025. As of February 29, 2024, the company had 951,109,567 shares outstanding excluding treasury shares and had 38,779,333 shares in treasury.