trending Market Intelligence /marketintelligence/en/news-insights/trending/mxyg90wk-bqwsilsoyr3yw2 content esgSubNav
In This List

Sumitomo Mitsui Trust to buy back up to 2 million shares

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Sumitomo Mitsui Trust to buy back up to 2 million shares

Sumitomo Mitsui Trust Holdings Inc. announced May 11 that it plans to repurchase up to 2 million common shares, or 0.53% of its issued shares excluding treasury shares, to improve shareholder return and capital efficiency.

The repurchase will cost up to ¥9 billion and will commence from May 14 to June 29, the company said.

As of May 11, US$1 was equivalent to ¥109.40.