Komori
Treasury Shares5713Sumitomo Metal Mining Co.,Ltd.Iron and Steel, Nonferrous Metals

Notice Regarding the Decision to Acquire Treasury Shares and the Policy on Holding Treasury Shares

The Board of Directors resolved to establish a treasury share repurchase program for up to 7.5 million common shares, with a maximum purchase price of ¥30 billion. It also resolved to limit treasury shares held to approximately 5% of the total number of issued shares and to cancel any excess.

Worth reading
53Recurring
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Improvement
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Scale
7500000
shares
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Definitive
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Resolution on acquisition limit

Resolved 10 November 2026Market purchases on the auction market under a discretionary trading agreement
Total acquisition price¥30 billion (upper limit)
Maximum number of shares to be acquired7,500,000 shares (maximum)Common shares of the Company
2.79%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

11 November 2026–29 January 2027

Reason for acquisition

Based on the Company's basic policies for financial strategy and shareholder returns, the objectives are 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.
Scheduled retirement dateWill be announced separately
Reference (number of shares stated in the document)
Current number of treasury shares20,260,969 shares (as of 30 September 2026). The total number of issued shares, excluding treasury shares, is 268,487,246. Whether shares held in trust are included: Not disclosed
Total number of issued shares268,487,246 shares (excluding treasury shares, as of 30 September 2026)
Resolution on acquisition limit
ItemDetails
Class of shares to be acquiredCommon shares of the Company
Maximum number of shares to be acquired7,500,000 shares (maximum)
Percentage of total issued shares2.79%
Total acquisition price¥30 billion (upper limit)
Acquisition period11 November 2026–29 January 2027
Method of acquisitionMarket purchases on the auction market under a discretionary trading agreement
Reason for acquisitionBased on the Company's basic policies for financial strategy and shareholder returns, the objectives are to optimize the capital structure, improve capital efficiency and provide more appropriate shareholder returns.
Resolution date10 November 2026
Scheduled retirement dateWill be announced separately
Current number of treasury shares20,260,969 shares (as of 30 September 2026). The total number of issued shares, excluding treasury shares, is 268,487,246. Whether shares held in trust are included: Not disclosed
Total number of issued shares268,487,246 shares (excluding treasury shares, as of 30 September 2026)
Items this document does not state (5)
Number of shares to be retiredPercentage 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.

Based on the basic policies for financial strategy and shareholder returns, the objectives are to optimize the capital structure, improve capital efficiency and provide more appropriate shareholder returns. Another objective is to appropriately manage the number of treasury shares held.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.