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Sumitomo Mitsui Reports Share Buyback Progress
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Sumitomo Mitsui Reports Share Buyback Progress

Sumitomo Mitsui (SMFG) has released an update.

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Sumitomo Mitsui Financial Group, Inc. has announced the progress of its share repurchase program, which is part of a broader initiative approved by the Board of Directors. From May 16 to May 31, 2024, the company successfully bought back 1,309,000 shares for a total of JPY 13,180,801,500. The repurchases were made through market purchases under a discretionary dealing contract.

For further insights into SMFG stock, check out TipRanks’ Stock Analysis page.

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