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Sumitomo Mitsui Financial completes share repurchase plan

Sumitomo Mitsui Financial Group Inc. completed its share repurchase plan after repurchasing 26,502,400 shares amounting to about ¥100 billion.

In May, the company said it planned to repurchase up to 32 million shares, or 2.3% of its outstanding shares, for a total of up to ¥100 billion.

The shares repurchased under the plan will be canceled on Sept. 20.

As of Aug. 13, US$1 was equivalent to ¥106.41.