Tokio Marine Holdings, Inc.
Notice of Completion of Payment for Disposal of Treasury Stock by Third-Party Allotment to National Indemnity Company, a Major Insurance Subsidiary under Berkshire Hathaway Inc.
On April 13, 2026, Tokio Marine Holdings disposed of 48,207,200 shares of treasury stock to National Indemnity Company, a subsidiary under Berkshire Hathaway, at a price of 5,962 yen per share, totaling 287,411,326,400 yen, and payment was completed.
Key Figures
- Number of shares disposed: 48,207,200 shares (third-party allotment)
- Disposal price (per share): 5,962 yen
- Total disposal price: 287,411,326,400 yen
AI要約
Overview of Treasury Stock Disposal
Based on the Board of Directors resolution dated March 23, 2026, Tokio Marine Holdings disposed of 48,207,200 shares of treasury stock by third-party allotment to National Indemnity Company, a wholly owned subsidiary of Berkshire Hathaway Inc., at a price of 5,962 yen per share, totaling 287,411,326,400 yen. Payment was completed on April 13, 2026. The number of treasury shares after disposal is 5,710,992 shares. For details, please refer to the related notice dated March 23, 2026.
Impact on Shareholders
This treasury stock disposal strengthens the strategic partnership with the Berkshire Hathaway group and results in changes to the capital structure. Since the number of treasury shares has decreased and funding has been completed through the disposal, it may affect future management strategies and capital policies. Specific dilution rates and use of funds are unknown as they are not detailed in the materials.
