Sumitomo Realty & Development Co., Ltd.

8830.T
Real Estate Services
2026/02/16 Updated
Market Cap: $30.2B (¥4.6T)
Stock Price: $32.57 (¥4,980)
Exchange Rate: 1 USD = ¥152.91

Notice Regarding the Status of Treasury Stock Acquisition

Acquired 416,600 shares of treasury stock in January 2026, total acquisition cost of ¥1,634,419,800. Cumulatively, 2,294,600 shares have been acquired since November 2025, with a total cost of ¥8,457,552,007.

Importance:
Page Updated: February 3, 2026
IR Disclosure Date: February 3, 2026

Key Figures

  • Total Shares Acquired (January 2026): 416,600 shares
  • Total Acquisition Cost (January 2026): ¥1,634,419,800
  • Cumulative Treasury Stock Acquisition Shares (as of January 31, 2026): 2,294,600 shares

AI要約

Overview of Capital Policy

Sumitomo Realty & Development Co., Ltd. has been conducting a treasury stock acquisition of common shares based on the board resolution on November 11, 2025. The maximum number of shares to be acquired is set at 10 million shares, with an upper limit on the acquisition cost of ¥30 billion. The acquisition period is from November 12, 2025, to March 31, 2026. In January 2026, 416,600 shares were acquired at a cost of ¥1,634,419,800, bringing the cumulative total to 2,294,600 shares acquired at a cost of ¥8,457,552,007. The acquisition method is market purchase on the Tokyo Stock Exchange.

Impact on Shareholders

This treasury stock acquisition is capped at approximately 1.07% of the total issued shares excluding treasury stock, aiming to enhance shareholder value. The acquisition is expected to reduce the number of shares in market circulation, thereby improving earnings per share and shareholder returns. Although the use of funds is unspecified, as the acquisition is a market purchase based on a board resolution, it is presumed to be part of efforts to strengthen financial structure and shareholder returns.

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