Komori
Treasury Stock5713Sumitomo Metal Mining Co.,Ltd.Iron & Steel, Nonferrous Metals

Notice Regarding the Decision on Matters Pertaining to the Repurchase of Treasury Shares and the Cancellation of Treasury Shares

The Board of Directors decided to acquire up to 4,000,000 common shares through market purchases, for a total amount of up to ¥20 billion. All shares acquired will be cancelled on 30 September 2026.

Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
4000000
Shares (maximum)
Wording
Definitive
How definitive the wording is.

Resolution on acquisition limit

Resolved 11 May 2026Market purchases on the auction market under a discretionary trading agreement
Total acquisition price¥20 billion (maximum)
Maximum number of shares to be acquired4,000,000 shares (maximum)The Company's common shares
1.48%Maximum number that can be acquired

The full horizontal line represents all issued shares, with marks at 10% intervals. The colored section represents the percentage stated in the resolution as the maximum proportion that may be repurchased under it.
This is a limit, and does not mean that the company will buy back all of it. The amount actually acquired will be shown in a later disclosure on the status of the acquisition of treasury shares.

Acquisition period

12 May 2026 to 31 July 2026

Reason for acquisition

Based on the basic policies for financial strategy and shareholder returns disclosed on 9 February 2026, to optimize the capital structure, improve capital efficiency and provide more appropriate shareholder returns.

CancellationRetired shares are removed from the total number of issued shares and can never return to the market.
Number of shares to be retiredThe total number of treasury shares acquired pursuant to 2. above
Scheduled retirement date30 September 2026
Reference (number of shares stated in the document)
Current number of treasury shares20,264,282 shares (as of 31 March 2026)
Total number of issued shares270,549,733 shares (excluding treasury shares, as of 31 March 2026)
Resolution on acquisition limit
ItemDetails
Class of shares to be acquiredThe Company's common shares
Maximum number of shares to be acquired4,000,000 shares (maximum)
Percentage of total issued shares1.48%
Total acquisition price¥20 billion (maximum)
Acquisition period12 May 2026 to 31 July 2026
Method of acquisitionMarket purchases on the auction market under a discretionary trading agreement
Reason for acquisitionBased on the basic policies for financial strategy and shareholder returns disclosed on 9 February 2026, to optimize the capital structure, improve capital efficiency and provide more appropriate shareholder returns.
Resolution date11 May 2026
Number of shares to be retiredThe total number of treasury shares acquired pursuant to 2. above
Scheduled retirement date30 September 2026
Current number of treasury shares20,264,282 shares (as of 31 March 2026)
Total number of issued shares270,549,733 shares (excluding treasury shares, as of 31 March 2026)
Items this document does not state (4)
Percentage of total issued shares before retirementTotal number of issued shares after retirementChange in acquisition periodChange in acquisition limit

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To optimize the capital structure, improve capital efficiency and provide more appropriate shareholder returns, based on the basic policies for financial strategy and shareholder returns disclosed on 9 February 2026.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Decision on Matters Pertaining to the Repurchase of Treasury Shares and the Cancellation of Treasury Shares | Sumitomo Metal Mining Co.,Ltd. (5713) timely disclosure | Komori