Sumitomo Corporation details share repurchase progress for September

Sumitomo Corporation announced on October 1, 2025, the progress of its share repurchases based on a resolution from its board of directors meeting on May 1, 2025. Between September 1 and September 30, 2025, the company repurchased 7,120,575 shares of its common stock for a total of 24,067,543,500 yen. This buyback was executed under the provisions of the Companies Act of Japan.

The May 1, 2025, resolution authorized the repurchase of up to 35 million common shares, representing approximately 2.9% of outstanding shares (excluding treasury stock), with a maximum aggregate amount of 80 billion yen. The repurchase period for this broader program extends from May 2, 2025, to March 31, 2026.

The reported repurchase of 7,120,575 shares for 24,067,543,500 yen represents the cumulative total acquired as of September 30, 2025, under the May 1 resolution. This amount also mirrors the results of a tender offer for own shares announced on September 2, 2025.