BuybackJun 1, 2026, 06:57 AM
Sumitomo Mitsui FG Repurchases 5.44M Shares for JPY 32.39B
AI Summary
Sumitomo Mitsui Financial Group announced the progress of its share repurchase program, buying back 5,439,500 common shares for JPY 32,393,160,200 between May 14 and May 31, 2026. This is part of a larger program authorized by the Board of Directors on May 13, 2026, which allows for the repurchase of up to 40,000,000 shares, or 1.0% of issued shares, for a maximum of JPY 180,000,000,000 by July 31, 2026.
Key Highlights
- Repurchased 5,439,500 common shares from May 14 to May 31, 2026.
- Aggregate amount repurchased was JPY 32,393,160,200.
- Repurchase method was market purchases based on a discretionary dealing contract.
- Board authorized repurchase of up to 40,000,000 shares (1.0% of issued shares).
- Maximum aggregate amount for the overall program is JPY 180,000,000,000.
- Overall repurchase period for the program is May 14, 2026 to July 31, 2026.
Price Impact
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