Source disclosure: February 10, 2026
SUMITOMO HEAVY INDUSTRIES,LTD. [6302.T]
TOKYO, Feb 10 (Pulse News Wire) – Sumitomo Heavy Industries,ltd. (6302.T) announced today that its board of directors, held, resolved to repurchase up to 4 million shares based on its capital policy outlined in its medium-term management plan.
The move aims to enhance shareholder returns and improve capital efficiency. The share buyback program will commence on March 2, 2026, and conclude on November 30, 2026. The total amount allocated for the repurchase is capped at ¥148.9 billion.
The company plans to execute the buybacks through open-market purchases on the Tokyo Stock Exchange. As of January 31, 2026, the outstanding shares excluding treasury stock stood at 1,489,000,000. The company currently holds 1,000,000 treasury shares.
Notably, 100,000 shares held by trust accounts set up for executive compensation programs are excluded from the count of treasury shares.
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