Sumitomo Corporation

2026/07/14 Updated
Market Cap: $45.6B (¥7.4T)
Stock Price: $9.58 (¥1,556)
Exchange Rate: 1 USD = ¥162.34

【Sumitomo Corporation】Share Buyback Status | May 2026

Sumitomo Corporation acquired 3,789,200 shares of common stock from May 7, 2026, to May 29, 2026, investing a total of ¥27,329,467,100. It also plans to acquire up to 88 million shares in the future.

Importance:
Page Updated: June 1, 2026
IR Disclosure Date: June 1, 2026

Key Figures

  • Total number of shares acquired: 3,789,200 shares
  • Total purchase amount: ¥27,329,467,100
  • Maximum number of shares to be acquired: 88 million shares

AI要約

Overview of Capital Policy

Sumitomo Corporation announced that it acquired 3,789,200 shares of common stock through open market purchases from May 7, 2026, to May 29, 2026, investing a total of ¥27,329,467,100. As a result, the cumulative total of shares acquired by May 29, 2026, remains the same as the number of shares and amount during this period. The company plans to acquire up to 88 million shares in the future, aiming to enhance shareholder returns and capital efficiency.

Outlook and Impact on Shareholders

This share buyback is considered part of measures to prevent shareholder dilution and to return value to shareholders. The acquisition period is from May 7, 2026, to March 31, 2027, with a maximum of approximately 1.8% of the total issued shares, or 88 million shares. The company will use up to approximately ¥80 billion for market purchases. Going forward, it will continue actively purchasing shares to improve shareholder value.

Sumitomo Corporation

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