Sumitomo Corporation acquired 3,789,200 shares of common stock from May 7, 2026, to May 29, 2026, investing a total of \u00a527,329,467,100. It also plans to acquire up to 88 million shares in the future.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8053","jir_company_name":"Sumitomo Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-06-01","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/06\/8053-20260601-01.pdf","jir_short_summary":"Sumitomo Corporation acquired 3,789,200 shares of common stock from May 7, 2026, to May 29, 2026, investing a total of \u00a527,329,467,100. It also plans to acquire up to 88 million shares in the future.","jir_summary":"### Overview of Capital Policy\nSumitomo 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 \u00a527,329,467,100. 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.\n\n### Outlook and Impact on Shareholders\nThis 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 \u00a580 billion for market purchases. Going forward, it will continue actively purchasing shares to improve shareholder value.","jir_financial_highlights":"Total number of shares acquired: 3,789,200 shares (Unknown)\nTotal amount of share purchase price: \u00a527,329,467,100 (Unknown)\nAcquisition period: May 7, 2026 \u2013 May 29, 2026 (Unknown)","jir_category":"","jir_hashtags":"#SumitomoCorporation, #ShareBuyback, #JapaneseStocks","jir_key_figures":"Total number of shares acquired: 3,789,200 shares\nTotal purchase amount: \u00a527,329,467,100\nMaximum number of shares to be acquired: 88 million shares","jir_meta_title":"\u3010Sumitomo Corporation\u3011Share Buyback Status | May 2026","jir_meta_description":"Sumitomo Corporation acquired 3,789,200 shares of common stock in May 2026, investing a total of \u00a527,329,467,100. It also plans to acquire up to 88 million shares in the future.","jir_og_title":"\u3010Sumitomo Corporation\u3011Share Buyback Status | May 2026","jir_og_description":"Sumitomo Corporation acquired 3,789,200 shares of common stock in May 2026 and intends to actively continue share repurchases in the future.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6868,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-55720","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n