Sumitomo reports progress on share buyback program

Sumitomo Corporation announced on December 1, 2025, the progress of its common stock repurchases under the resolution made by its board of directors on May 1, 2025. Between November 4 and November 28, 2025, the company acquired 1,884,400 shares of its common stock at a total cost of 8,773,183,200 yen (on a contract date basis).

This latest repurchase activity contributes to the larger program resolved in May, which authorized the acquisition of up to 35 million shares, representing approximately 2.9% of outstanding shares (excluding treasury stock), and a total aggregate amount of up to 80 billion yen. The period for this broader acquisition program extends from May 2, 2025, to March 31, 2026.

Cumulatively, as of November 28, 2025, Sumitomo Corporation has repurchased 11,869,175 shares of its common stock, with the total aggregate repurchase amount reaching 45,686,267,900 yen against the resolution.