Sumitomo Realty repurchases 714,000 shares for 3.9bn yen

Sumitomo Realty & Development repurchased 713,900 shares for 3.9 billion yen in July through Tokyo Stock Exchange purchases.

The buybacks are part of a program running until September 30 that allows repurchases of up to 2 million shares worth a maximum 10 billion yen. The company has now repurchased 1.46 million shares for 7.9 billion yen under the current program.