[Sumitomo Mitsui Financial Group, Inc.]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 gCompanyh) 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 Directorsf
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 Sharesh as of
January 30, 2012, the Company and Promise Co., Ltd. (President and
Representative Director: Ken Kubo; Tokyo Stock Exchange First Section: 8574, gPromiseh)
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 Exchangeh), 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 Companyfs
common stock necessary for the Share Exchange.
(For
your reference)
Details of resolution at the Board of Directorsf 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 |
