SMC Corporation announces repurchase of own shares

SMC Corporation (SMC) has announced the completion of a share repurchase program, as resolved by the Board of Directors on August 9, 2024. The company repurchased 4,000 common shares for a total of 227,603,000 yen between February 1, 2025, and February 28, 2025, through market purchases on the Tokyo Stock Exchange. This repurchase is part of a larger program approved in August, authorizing the company to buy back up to 600,000 shares (0.9% of outstanding shares, excluding treasury shares) for up to 35 billion yen between August 26, 2024, and March 24, 2025. As of February 28, 2025, SMC had repurchased a total of 399,200 shares for 24,993,108,000 yen under this resolution.