Sumitomo reports October share buyback progress

Sumitomo Corporation announced its progress on share repurchases for October 2025, acquiring 2,864,200 common shares totaling 12,845,541,200 yen. This buyback activity, conducted from October 1 to October 31, 2025, falls under the resolution approved by the board of directors on May 1, 2025.

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), and an aggregate amount not exceeding 80 bn yen. The period for these repurchases was set from May 2, 2025, to March 31, 2026.

Cumulatively, as of October 31, 2025, Sumitomo Corporation has repurchased a total of 9,984,775 shares under this resolution, with an aggregate acquisition cost of 36,913,084,700 yen.