Sumitomo Mitsui (SMFG) reports ¥88.7B repurchased in ongoing buyback
Rhea-AI Filing Summary
Sumitomo Mitsui Financial Group, Inc. reported progress on its ongoing share repurchase program authorized under its Articles of Incorporation and the Companies Act. During the period from December 1 to December 31, 2025, the company repurchased 11,360,700 shares of its common stock for a total of JPY 56,029,009,300 through market purchases under a discretionary dealing contract. This activity is part of a Board-approved program (resolved November 14, 2025) allowing the repurchase of up to 50,000,000 shares, equivalent to 1.3% of shares issued (excluding treasury stock), for up to JPY 150,000,000,000 during the period from November 17, 2025 to January 31, 2026. As of December 31, 2025, the company had repurchased a cumulative 18,587,600 shares for JPY 88,665,812,500 under this authorization.
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FAQ
What did Sumitomo Mitsui Financial Group (SMFG) disclose in this January 2026 report?
Sumitomo Mitsui Financial Group, Inc. disclosed the progress of its share repurchase program, including how many common shares it bought back, the total purchase amount in yen, and the authorized limits approved by its Board of Directors.
How many SMFG shares were repurchased in December 2025?
From December 1 to December 31, 2025, Sumitomo Mitsui Financial Group, Inc. repurchased 11,360,700 common shares for a total consideration of JPY 56,029,009,300 through market purchases based on a discretionary dealing contract.
What are the total shares and amount SMFG has repurchased so far under this program?
As of December 31, 2025, under the Board-authorized repurchase program, Sumitomo Mitsui Financial Group, Inc. had repurchased an aggregate 18,587,600 shares for a total of JPY 88,665,812,500.
What are the maximum limits of SMFG's current share repurchase authorization?
The Board resolution dated November 14, 2025 authorizes Sumitomo Mitsui Financial Group, Inc. to repurchase up to 50,000,000 common shares, equivalent to 1.3% of issued shares (excluding treasury stock), for up to JPY 150,000,000,000.
Over what period can SMFG conduct this share repurchase program?
The repurchase period authorized by the Board of Directors runs from November 17, 2025 to January 31, 2026, during which Sumitomo Mitsui Financial Group, Inc. may conduct market purchases of its own common stock.
How is SMFG executing its share repurchases?
Sumitomo Mitsui Financial Group, Inc. is executing the repurchases of its own common stock through market purchases based on a discretionary dealing contract regarding repurchase of its own shares.