SUMITOMO MITSUI TRUST HOLDINGS, INC. March 8, 2024
To whom it may concern
Sumitomo Mitsui Trust Holdings, Inc. (Securities Code: 8309 TSE, NSE)
Notice regarding Status and Completion of Repurchase and Cancellation of Own Shares
(Repurchase of Own Shares pursuant to Provision of Our Articles of Incorporation in accordance with Article 459, Paragraph 1 of the Companies Act, and Cancellation of a part of Own Shares pursuant to Provision of Article 178 of the Companies Act)
Sumitomo Mitsui Trust Holdings, Inc. (Director, President: Toru Takakura; hereinafter "SuMi TRUST Holdings") hereby announces the status of repurchase of own shares pursuant to the provision of Articles of Incorporation in accordance with Article 459, Paragraph 1 of the Companies Act, as described below.
Through the following repurchase, the repurchase of own shares was completed on the basis of the resolution of its board of directors at the meeting held on January 31, 2024.
SuMi TRUST Holdings also announces the cancellation of all 6,696,300 shares repurchased based on the resolution above pursuant to the provision of Article 178 of the Companies Act.
1. Status of Repurchase | ||
(1) | Class of shares repurchased | Common stock of SuMi TRUST Holdings |
(2) | Total number of shares | 1,115,800 shares |
repurchased | ||
(3) | Total amount of repurchase | JPY 3,528,944,500 |
(4) | Repurchase period | From March 1, 2024 to March 7, 2024 |
(on a contract basis) | ||
(5) | Repurchase method | Market purchases on the Tokyo Stock Exchange based on |
a discretionary trading contract |
(Reference 1)
Status of shares issued and treasury stock as of February 29, 2024
(1) | Total number of shares issued | 721,851,672 shares |
(excluding treasury stock) | ||
(2) | Number of treasury stock | 6,200,008 shares |
(Reference 2)
Details of the resolution of its board of directors with respect to repurchase at the meeting held on January 31, 2024
- Class of shares to be repurchased
- Total number of shares to be repurchased
- Total amount of repurchase
- Repurchase period
- Repurchase method
(Reference 3)
Common stock of SuMi TRUST Holdings
Up to 10,000,000 shares
(Percentage to the total number of shares issued (excluding treasury stock) 1.4 %)
Up to JPY 20,000,000,000
From February 1, 2024 to April 30, 2024
Market purchases on the Tokyo Stock Exchange based on a discretionary trading contract
Number of shares repurchased based on the above resolution, as of March 7, 2024
(1) | Total number of shares repurchased | 6,696,300 shares |
(2) | Total amount of repurchase | JPY 19,999,691,950 |
2. Details of Cancellation | ||
(1) | Class of shares to be cancelled | Common stock of SuMi TRUST Holdings |
(2) | Number of shares to be cancelled | 6,696,300 shares |
(3) | Scheduled cancellation date | May 21, 2024 |
(Reference)
Details of the resolution of its board of directors with respect to cancellation at the meeting held on January 31,
2024 | ||
(1) | Class of shares to be cancelled | Common stock of SuMi TRUST Holdings |
(2) | Number of shares to be cancelled | All of the shares to be repurchased as stated in |
1.(Reference 2) above | ||
(3) | Scheduled cancellation date | May 21, 2024 |
End.
Disclaimer:
This document is prepared for the purpose of public disclosure about the notice regarding repurchase of own shares and cancellation by SuMi TRUST Holdings and is not for the purpose of soliciting investment or engaging in any other similar activities within or outside of Japan.
For further information, please contact:
IR Department, Sumitomo Mitsui Trust Holdings, Inc.
Telephone: +81-3-3286-8354
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Sumitomo Mitsui Trust Holdings Inc. published this content on 08 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 March 2024 07:22:02 UTC.
