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Sumitomo Realty extends share buyback program to October 31

September 26, 2025 at 06:50 AM UTCBy FilingReader AI

Sumitomo Realty & Development Co., Ltd. announced on September 26, 2025, that its board of directors resolved to extend the period for its share repurchase program. The original repurchase period, set from May 14, 2025, to September 30, 2025, has been revised to May 14, 2025, to October 31, 2025. This extension aims to ensure the total number or amount of shares to be repurchased reach their upper limits, as it was deemed unlikely to do so within the initial timeframe.

The share repurchase program, originally authorized on May 13, 2025, allows for the repurchase of common stock up to 2,000,000 shares, representing 0.43% of issued shares (excluding treasury stock), or a total amount of up to JPY 10 billion yen. Repurchases are conducted via market purchases on the Tokyo Stock Exchange.

As of September 25, 2025, the company had cumulatively repurchased 1,463,500 shares for a total of JPY 7,910,093,846 yen under the program. The extension provides additional time to complete the remaining portion of the authorized buyback.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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