Ms& Insurance : Notice Regarding Status of Own Share Repurchase
January 04, 2017 at 01:47 am
Share
January 4, 2017
Name of Listed Company:
MS&AD Insurance Group Holdings, Inc.
Name of Representative:
Yasuyoshi Karasawa, President
(Securities Code: 8725, Tokyo Stock Exchange and Nagoya Stock Exchange)
Contact:
Corporate Communications and Investor Relations Dept.
e-mail: ms_ad_ir@ms-ad-hd.com
Notice Regarding Status of Own Share Repurchase
(Repurchase of company's own shares according to the articles of incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)
MS&AD Insurance Group Holdings, Inc. (the "Company") hereby announces that pursuant to Article 156 of the Companies Act of Japan as modified by the provision of Article 165, Paragraph 3 of the same Act, the Company has repurchased its own shares as below.
1. Type of shares to be repurchased:
Shares of common stock of the Company
2. Total number of shares to be repurchased:
960,900 shares
3. Aggregate amount of repurchase price:
JPY 3,496,354,600
4. Period of repurchase:
From December 1, 2016 to December 22, 2016
5. Method of repurchase:
Market transaction on the Tokyo Stock Exchange
＜Reference＞
Contents of the resolution of the meeting of the Board of Directors held on October 31, 2016
(1) Type of shares to be repurchased:
Shares of common stock of the Company
(2) Total number of shares to be repurchased:
15,000,000 shares (Maximum)
(2.50% of the shares issued, excluding treasury shares)
(3) Aggregate amount of repurchase price:
JPY 30,000,000,000 (Maximum)
(4) Period of repurchase:
From November 1, 2016 to March 17, 2017
(1) Aggregate number of shares that were repurchased:
960,900 shares
(2) Aggregate amount of repurchase price:
JPY 3,496,354,600
Cumulative aggregate number of and aggregate amount of repurchase price of shares that were repurchased pursuant to the above resolution of the meeting of the Board of Directors
- End
MS&AD Insurance Group Holdings Inc. published this content on 04 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 January 2017 06:47:05 UTC.
Original documenthttp://www.ms-ad-hd.com/en/news_topics/pdf/170104_jikokabushikishutoku_e_hd.pdf
Public permalinkhttp://www.publicnow.com/view/B91B0F1A1939367C890C158AA012E10EA10F781A
MS&AD Insurance Group Holdings, Inc. is a japaneese insurance group. Revenues break down by activity as follows:
- non life insurance (58.5%): primarily automotive insurance, fire insurance, compulsory automobile liability insurance, accident insurance and marine insurance;
- life insurance (26.4%; n°1 in Japan);
- other (0.3%).
The remaining revenues (14.8%) are from international activities.
MS&AD INSURANCE GROUP HOLDINGS, INC. 
