Sumitomo Mitsui Financial Group (TYO:8316) has repurchased 7.23 million of its own common shares for 32.6 billion yen.
Japan's second-largest banking group made the repurchase from Nov. 17 to Nov. 30, according to its Tokyo bourse filing on Monday.
The repurchase forms the initial part of a larger 150 billion yen share buyback program authorized by its board. The overall program allows for the acquisition of up to 50 million shares by the end of January 2026.
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