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Notice Concerning Result of Repurchase of Shares and Its Completion(Repurchase of Shares under the Provisions of the Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act)(1/1)


Sumitomo Mitsui Financial Group, Inc.

(Code: 8316)

 

Notice Concerning Result of Repurchase of Shares and Its Completion

(Repurchase of Shares under the Provisions of the Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act)

 

TOKYO, March 26, 2012 --- Sumitomo Mitsui Financial Group, Inc. (the gCompanyh) hereby announces that it has repurchased its shares as follows, in accordance with Article 156 of the Companies Act, as applied pursuant to Article 165, Paragraph 3 of said Act, and that it has completed the repurchase commenced in accordance with the Board of Directorsf resolution held on January 30, 2012.

 

1. Type of shares repurchased

Common stock

2. Repurchase period

January 31, 2012 to March 23, 2012

(on a contract basis)

3. Total number of shares repurchased

22,943,000 shares

(1) January 31, 2012

1,100,000 shares

(2) February 1, 2012 to February 29, 2012

12,645,800 shares

(3) March 1, 2012 to March 23, 2012

9,197,200 shares

4. Total value of shares repurchased

61,457,908,844 yen

(1) January 31, 2012

2,684,115,830 yen

(2) February 1, 2012 to February 29, 2012

33,186,649,475 yen

(3) March 1, 2012 to March 23, 2012

25,587,143,539 yen

5. Repurchase method

Market purchases based on the discretionary dealing contract regarding repurchase of shares

(Note)         As announced in the gNotice Concerning Resolution of Repurchase of Sharesh as of January 30, 2012, the Company and Promise Co., Ltd. (President and Representative Director: Ken Kubo; Tokyo Stock Exchange First Section: 8574, gPromiseh) resolved, at their respective meetings of the Board of Directors held on December 21, 2011, to make Promise a wholly-owned subsidiary of the Company through a share exchange (the gShare Exchangeh), under which the Company will become a wholly-owning parent company of Promise and Promise will become a wholly-owned subsidiary of the Company.  The Company repurchased 22,718,100 shares of its common stock through January 16, 2012, based on the resolution at its meeting of the Board of Directors held on November 14, 2011, which will be delivered to the shareholders of Promise as consideration for the Share Exchange.  Through the repurchase of shares, the Company intended to repurchase the residual shares of the Companyfs common stock necessary for the Share Exchange.

 

(For your reference)

Details of resolution at the Board of Directorsf Meeting held on January 30, 2012

(1) Type of shares to be repurchased

Common stock

(2) Total number of shares to be repurchased

22,943,000 shares (maximum)

(Ratio to the total number of shares issued as of January 19, 2012 (treasury shares excluded): 1.65%)

(3) Total value of shares to be repurchased

80,000,000,000 yen (maximum)

(4) Repurchase period

January 31, 2012 to March 23, 2012

 

 





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