Sumitomo Mitsui approves buyback of up to ¥220B
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Rhea-AI Filing Summary
Sumitomo Mitsui Financial Group, Inc. (SMFG) said its board resolved to repurchase up to 85,000,000 common shares, equal to 1.1% of shares issued excluding treasury stock, for up to JPY 220,000,000,000.
The repurchase period runs from November 16, 2026, to February 28, 2027, with market purchases under a discretionary dealing contract. SMFG resolved to cancel all shares repurchased under the program, with cancellation scheduled for March 19, 2027. The actual cancellation count will be announced after repurchases are completed.
Filing Explained
The 6-K is incorporated by reference into SMFG’s Form F-3 prospectus from
Key Figures
Key Terms
discretionary dealing contract technical
treasury stock financial
Articles of Incorporation regulatory
Companies Act regulatory
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