On May 15, 2024, Sumitomo Mitsui Financial Group, Inc. announced a plan to repurchase up to 15 million shares (1.1% of issued shares) at a total cost of up to JPY 100 billion, enhancing shareholder returns and capital efficiency. The repurchase period is from May 16 to July 31, 2024, with cancellation expected on August 20, 2024.