Sumitomo Mitsui Financial Group, Inc. (TSE:8316) announces a share repurchase program. Under the program, the company will repurchase up to 15,000,000 shares, representing 1.14% of its issued shares (excluding treasury stock) for ¥100,000 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency.

The repurchase program will continue until July 31, 2024. As of April 30, 2024, the company had 1,313,959,137 shares in issue (excluding treasury stocks) and 3,437,947 shares in treasury.