Sumitomo Metal Mining completed the share buyback on May 11, 2026, acquiring 2,065,800 shares (approximately 2 billion yen). Additionally, these shares are scheduled for cancellation on September 30, 2026. Consequently, the total number of issued shares will decrease to approximately 289 million.<\/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":"5713","jir_company_name":"Sumitomo Metal Mining Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-06-01","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/06\/5713-20260601-01.pdf","jir_short_summary":"Sumitomo Metal Mining completed the share buyback on May 11, 2026, acquiring 2,065,800 shares (approximately 2 billion yen). Additionally, these shares are scheduled for cancellation on September 30, 2026. Consequently, the total number of issued shares will decrease to approximately 289 million.","jir_summary":"### Overview of Capital Policy\nSumitomo Metal Mining completed the share buyback based on a resolution of the Board of Directors on May 11, 2026, acquiring a total of 2,065,800 shares (approximately 20 billion yen). The acquisition was carried out through market purchases from May 12 to May 28, 2026. At the same time, the company plans to cancel these shares on September 30, 2026, which will reduce the number of issued shares to approximately 289 million. These measures aim to enhance shareholder returns and improve capital efficiency.\n\n### Impact on Shareholders and Future Outlook\nThe share buyback and cancellation are expected to suppress dilution of issued shares and improve per-share net assets and profit indicators. The company will continue to implement shareholder return measures as part of its capital policy, aiming to enhance corporate value. After cancellation, the total number of shares will be approximately 289 million, contributing to increased shareholder value.","jir_financial_highlights":"Number of Shares Repurchased: 2,065,800 shares (Acquisition period: May 12, 2026 \u2013 May 28, 2026)\nTotal Amount of Shares Purchased: 19,999,326,100 yen (Total during acquisition period)\nScheduled Cancellation Quantity: 2,065,800 shares (Scheduled cancellation date: September 30, 2026)","jir_category":"","jir_hashtags":"#SumitomoMetalMining, #ShareBuyback, #CapitalPolicy, #JapaneseStocks","jir_key_figures":"Number of shares repurchased: 2,065,800 shares\nTotal amount: 19,999,326,100 yen\nShares to be canceled: 2,065,800 shares","jir_meta_title":"\u3010Sumitomo Metal Mining\u3011Share Buyback and Cancellation | May 2026","jir_meta_description":"Sumitomo Metal Mining completed the share buyback in May 2026 and plans to cancel shares. An overview of its capital policy aimed at shareholder returns and capital efficiency improvement.","jir_og_title":"\u3010Sumitomo Metal Mining\u3011Share Buyback and Cancellation | May 2026","jir_og_description":"Sumitomo Metal Mining conducted share buyback and cancellation in May 2026, promoting a capital policy to enhance shareholder value.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7416,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-55830","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n