Sumitomo Mitsui Financial Group (SMFG) reports progress on JPY 150B buyback plan
Rhea-AI Filing Summary
Sumitomo Mitsui Financial Group, Inc. reported progress on its ongoing share repurchase program authorized by its board of directors. Between November 17 and November 30, 2025, the company repurchased 7,226,900 shares of common stock for a total of
The program was approved on November 14, 2025 and permits buybacks of up to 50,000,000 shares, equivalent to
Positive
- None.
Negative
- None.
Insights
SMFG is steadily executing a modest, board-approved share repurchase program.
Sumitomo Mitsui Financial Group is updating investors on execution of a previously approved buyback. Under a board resolution dated
As of
The update is primarily informational, confirming that the program is active and progressing under the stated cap on shares and aggregate amount. Future disclosures in company filings may detail any further utilization of the remaining authorization through
FAQ
What did Sumitomo Mitsui Financial Group (SMFG) announce in this Form 6-K?
SMFG announced the progress of its share repurchase program authorized under its Articles of Incorporation pursuant to Paragraph 1 of Article 459 of the Companies Act. The update details how many shares have been bought back so far, the total amount spent, and the approved limits of the program.
How many shares has SMFG repurchased so far under the current buyback program?
Between
What is the total amount SMFG has spent on share repurchases to date?
As of
What are the maximum limits of SMFG’s current share repurchase authorization?
The board resolution from
Over what period can SMFG conduct this share repurchase program?
The repurchase period runs from
How is SMFG conducting its share repurchases?
SMFG is conducting the buybacks as market purchases based on a discretionary dealing contract regarding the repurchase of its own shares. This approach allows purchases to be executed in the open market within the board-approved limits.