Sumitomo Mitsui Announces Share Repurchase Progress in June 2025

Sumitomo Mitsui ( (SMFG) ) has issued an announcement.

On June 2, 2025, Sumitomo Mitsui Financial Group, Inc. announced the progress of its share repurchase program, which took place from May 15 to May 31, 2025. The company repurchased 3,989,800 shares of its common stock for a total of JPY 14,502,683,200. This move is part of a broader strategy authorized by the Board of Directors to repurchase up to 40 million shares, equivalent to 1% of the total shares issued, by July 31, 2025. The repurchase is intended to enhance shareholder value and optimize the capital structure, reflecting the company’s commitment to returning capital to shareholders.

Spark’s Take on SMFG Stock

According to Spark, TipRanks’ AI Analyst, SMFG is a Outperform.

Sumitomo Mitsui is fundamentally strong with significant revenue and profitability growth, supported by a solid balance sheet and improved cash flow. However, technical indicators present mixed signals, reflecting potential volatility. The stock’s valuation appears reasonable, with an attractive dividend yield enhancing its appeal. Overall, Sumitomo Mitsui is a solid investment with some caution due to technical volatility.

To see Spark’s full report on SMFG stock, click here.

More about Sumitomo Mitsui

Sumitomo Mitsui Financial Group, Inc. operates in the financial services industry, providing a wide range of banking and financial products and services. The company is headquartered in Tokyo, Japan, and focuses on delivering comprehensive financial solutions to its clients.

Average Trading Volume: 2,019,276

Technical Sentiment Signal: Strong Buy

Current Market Cap: $100.1B

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