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Sumitomo Metal Mining Announces Progress in Share Repurchase Program

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Sumitomo Metal Mining Announces Progress in Share Repurchase Program

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The latest announcement is out from Sumitomo Metal Mining Co ( (JP:5713) ).

Sumitomo Metal Mining Co., Ltd. announced the status of its share repurchase program, revealing that it has repurchased 1,475,600 common shares for a total of 5,066,199,300 yen between July 1 and July 31, 2025. This is part of a larger initiative approved by the board to repurchase up to 8,300,000 shares, aiming to enhance shareholder value and optimize capital structure, with a total budget of 15 billion yen allocated for this purpose.

The most recent analyst rating on (JP:5713) stock is a Hold with a Yen4100.00 price target. To see the full list of analyst forecasts on Sumitomo Metal Mining Co stock, see the JP:5713 Stock Forecast page.

More about Sumitomo Metal Mining Co

Sumitomo Metal Mining Co., Ltd. operates in the mining and metal industry, focusing on the production and sale of non-ferrous metals and mineral resources. The company is known for its involvement in the extraction and processing of metals such as copper, nickel, and gold, serving various industrial sectors globally.

Average Trading Volume: 1,774,659

Technical Sentiment Signal: Sell

Current Market Cap: Yen921.9B

Learn more about 5713 stock on TipRanks’ Stock Analysis page.

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