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SMFG Completes ¥150 Billion Share Buyback and Plans Cancellation of 29.9 Million Shares

Story Highlights
  • SMFG has completed a ¥150 billion market buyback of 29.9 million common shares.
  • All repurchased shares, about 0.8% of issued stock, will be cancelled to boost capital efficiency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SMFG Completes ¥150 Billion Share Buyback and Plans Cancellation of 29.9 Million Shares

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An announcement from Sumitomo Mitsui Financial Group ( (JP:8316) ) is now available.

Sumitomo Mitsui Financial Group has completed a share repurchase program authorized by its board in November 2025, buying back a total of 29,909,500 shares of common stock on the market for approximately JPY 150 billion, including 11,321,900 shares acquired in January 2026 alone. The company will cancel all 29,909,500 repurchased shares, equivalent to about 0.8% of its issued shares before cancellation, on February 20, 2026, a move that will reduce the total number of shares outstanding and is likely to enhance capital efficiency and shareholder value by concentrating ownership among remaining shareholders.

The most recent analyst rating on (JP:8316) stock is a Buy with a Yen6200.00 price target. To see the full list of analyst forecasts on Sumitomo Mitsui Financial Group stock, see the JP:8316 Stock Forecast page.

More about Sumitomo Mitsui Financial Group

Sumitomo Mitsui Financial Group, Inc. (SMFG) is a major Japanese financial services holding company centered on Sumitomo Mitsui Banking Corporation, offering commercial banking, investment banking, securities, and other financial services primarily in Japan and internationally.

YTD Price Performance: 8.55%

Average Trading Volume: 13,951,533

Technical Sentiment Signal: Buy

Current Market Cap: Yen21049.2B

See more data about 8316 stock on TipRanks’ Stock Analysis page.

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