Sumitomo Realty & Development concludes JPY 10bn share repurchase program

Sumitomo Realty & Development Co., Ltd. announced the completion of its share repurchase program, authorized by board resolutions on May 13, 2025, and September 26, 2025. The company acquired 298,800 shares of common stock between October 1, 2025, and October 7, 2025, at a total cost of JPY 2,095,727,100 through market purchases on the Tokyo Stock Exchange.

This final acquisition concludes the program, which aimed to repurchase up to 2 million shares, representing 0.43% of outstanding shares (excluding treasury stock), with a maximum total value of JPY 10 billion. The overall repurchase period spanned from May 14, 2025, to October 31, 2025.

Cumulatively, as of October 7, 2025, Sumitomo Realty & Development repurchased 1,762,300 shares under these resolutions, with a total acquisition value of JPY 10,005,820,946, which includes associated expenses.