Sumitomo Corporation

2026/09/11 Updated
Market Cap: $55.2B (¥8.5T)
Stock Price: $11.68 (¥1,797)
Exchange Rate: 1 USD = ¥153.85

Notice on the Status of Treasury Stock Acquisition, the Termination of Acquisition, and the Number of Shares to be Cancelled

Acquisition of treasury stock has ended and the number of cancelled shares is fixed. Total shares acquired: 47,653,100 shares, total amount: 79,999,985,850 yen, cancellation date: April 9, 2027. Acquisition period: May 7, 2026 to September 3, 2026. Acquisition total amount: approximately 8.0 billion yen (cap: 8.0 billion yen).

Importance:
Page Updated: September 4, 2026
IR Disclosure Date: September 4, 2026

Key Figures

  • 47,653,100 shares: Total number of treasury stock acquired
  • 79,999,985,850 yen: Total amount of treasury stock acquired
  • 4,732,807,636 shares: Total number of issued shares after cancellation

AI要約

Completion of treasury stock acquisition and cancellation decision

Sumitomo Corporation announced that it completed the treasury stock acquisition based on the board of directors resolution on May 1, 2026, and the acquisition has now ended. The total number of shares acquired is 47,653,100 shares, with a total amount of approximately 7,999.99 hundred million yen, and the acquisition period was from May 7, 2026 to September 3, 2026. In addition, the number of treasury stock to be cancelled has been fixed, with the cancellation date set for April 9, 2027. The initial plan contemplated acquiring up to 88 million shares via market purchase with a cap of 8,800 hundred million yen.

Impact on shareholder value and future outlook

The number of issued shares after cancellation will be 4,732,807,636 shares, and the dilutive effect from cancelling treasury stock is expected to be mitigated. Although the public disclosure does not specify a numerical dilution rate, the scale of acquisition and cancellation is large and is interpreted as part of shareholder return. Regarding future outlook, additional disclosures are expected depending on the completion date of cancellation and market conditions.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Sumitomo Corporation

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