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Share Issuance and Disposal8316Sumitomo Mitsui Financial Group,Inc.Banks

Notice Regarding the Determination of Matters Relating to the Acquisition of Shares under the Share-Based Compensation Scheme for Employees

SMBC Consumer Finance was added as a subsidiary covered by the employee stock compensation plan, and it was decided that the trust would additionally acquire shares of the Company to operate the plan. The number of shares to be acquired is capped at 1,094,000, and the total acquisition price is capped at ¥6,564 million.

Worth reading
37Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
6564000000
Yen (cap on total acquisition price)
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

Additional acquisition of the Company's shares by the trust under the employee stock compensation plan

発行・処分する株式数1,094,000Shares

1,094,000 shares (maximum)

Categories and Number of Persons Covered
Employees of Sumitomo Mitsui Banking Corporation, SMBC Nikko Securities Inc., Sumitomo Mitsui Card Company, Limited, The Japan Research Institute, Limited, and SMBC Consumer Finance Co., Ltd. (number of employees and number of shares allocated: Not disclosed)
Details of issuance or disposal
ItemDetails
Type of issuance or disposalAdditional acquisition of the Company's shares by the trust under the employee stock compensation plan
Number of shares to be issued or disposed of1,094,000 shares (maximum)
Categories and Number of Persons CoveredEmployees of Sumitomo Mitsui Banking Corporation, SMBC Nikko Securities Inc., Sumitomo Mitsui Card Company, Limited, The Japan Research Institute, Limited, and SMBC Consumer Finance Co., Ltd. (number of employees and number of shares allocated: Not disclosed)
Items this document does not state (25)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance

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 add a subsidiary to those covered by the employee stock compensation plan and to operate the plan.

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 Determination of Matters Relating to the Acquisition of Shares under the Share-Based Compensation Scheme for Employees | Sumitomo Mitsui Financial Group,Inc. (8316) timely disclosure | Komori