StockWatch
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Commercial Banks
ESOPJul 6, 2026, 06:08 AM

Sumitomo Mitsui FG Issues 1.65M Restricted Shares for Compensation

AI Summary

Sumitomo Mitsui Financial Group, Inc. announced the issuance of 1,645,353 new shares of common stock as restricted stock compensation under its stock compensation plans. The shares were issued at ¥6,672 per share, totaling ¥10,977,795,216, with ¥5,488,897,608 incorporated into stated capital. The compensation is distributed among SMFG directors, corporate executive officers, and executive officers of subsidiaries, with varying restriction periods and release conditions.

Key Highlights

  • Issued 1,645,353 new shares of common stock as restricted stock compensation.
  • Issue price set at ¥6,672 per share.
  • Total issue price amounts to ¥10,977,795,216.
  • Amount to be incorporated into stated capital is ¥3,336 per share, totaling ¥5,488,897,608.
  • SMFG Directors received 77,273 shares.
  • SMFG Corporate Executive Officers received 76,879 shares.
  • Executive Officers of SMFG Subsidiaries received 1,114,768 shares.