StockWatch
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Commercial Banks
AGM/EGMJun 26, 2026, 06:17 AM

Sumitomo Mitsui FG Approves 2-for-1 Stock Split, ¥79 Dividend

AI Summary

Sumitomo Mitsui Financial Group, Inc. announced the resolutions from its 24th Ordinary General Meeting of Shareholders held on June 26, 2026. Key approvals included a 2-for-1 stock split effective October 1, 2026, and a year-end dividend of ¥79 per share. The meeting also saw the election of thirteen directors and the reporting of the 24th Fiscal Year's financial statements.

Key Highlights

  • Shareholders approved a 2-for-1 stock split, effective October 1, 2026.
  • A year-end dividend of ¥79 per share (annualized ¥157) was approved.
  • Thirteen directors were elected, including one new director and twelve re-elected.
  • Business Report and Financial Statements for the 24th Fiscal Year were reported.
  • A shareholder proposal for partial amendments to the Articles of Incorporation was disapproved.