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Sumitomo Mitsui Financial Group Opposes Shareholder Proposals and Announces Dividend Increase

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Sumitomo Mitsui Financial Group ( (JP:8316) ) has shared an announcement.

Sumitomo Mitsui Financial Group’s Board of Directors has resolved to oppose shareholder proposals related to amendments in the Articles of Incorporation concerning financial risk audits and climate change transition plans. The company has also announced an increase in dividends for FY2024 and FY2025, along with a share buyback plan, indicating a strong capital position and commitment to shareholder returns.

The most recent analyst rating on (JP:8316) stock is a Buy with a Yen11700.00 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. operates in the financial services industry, offering a range of banking and financial products and services. The company focuses on risk management and maintaining sound business operations through a comprehensive internal control system.

Average Trading Volume: 17,844,931

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen13412.4B

Learn more about 8316 stock on TipRanks’ Stock Analysis page.

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