Sumitomo Realty & Development Co., Ltd.

8830.T
Real Estate Services
2026/03/03 Updated
Market Cap: $31.4B (¥4.9T)
Stock Price: $33.97 (¥5,341)
Exchange Rate: 1 USD = ¥157.23

Notice Regarding the Status of Treasury Stock Acquisition

In February 2026, 2,061,900 shares of treasury stock were acquired for ¥10,399,145,100, bringing the cumulative total of acquired shares to 4,356,500 and the total acquisition cost to ¥18,856,697,107.

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

Key Figures

  • Total Number of Shares Acquired: 2,061,900 shares (February 2026)
  • Total Acquisition Cost of Shares: ¥10,399,145,100 (February 2026)
  • Cumulative Number of Shares Acquired: 4,356,500 shares (as of February 28, 2026)

AI要約

Overview of Treasury Stock Acquisition

Sumitomo Realty & Development Co., Ltd. acquired 2,061,900 shares of common stock through market purchases on the Tokyo Stock Exchange during the period from February 1, 2026 to February 28, 2026, with a total acquisition cost of ¥10,399,145,100. This acquisition was based on the Board resolution dated November 11, 2025, which set the maximum number of shares that can be acquired at 10 million shares and the maximum acquisition cost at ¥30 billion. As of February 28, 2026, the cumulative number of shares acquired totals 4,356,500, with a cumulative acquisition cost of ¥18,856,697,107.

Impact on Shareholders and Future Outlook

This treasury stock acquisition has been carried out under an upper limit equivalent to approximately 1.07% of the total number of issued shares (excluding treasury stock) with the aim of enhancing shareholder value. The acquisition method was market purchase, and acquisitions are scheduled to continue until March 31, 2026. Investors can expect effects such as dilution mitigation and price support, although details regarding the use of funds have not been disclosed.

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