To whom it may concern
January 29, 2015
Sumitomo Mitsui Trust Holdings, Inc. (Securities Code: 8309 TSE, NSE)
Sumitomo Mitsui Trust Holdings, Inc. (President: Kunitaro Kitamura; hereinafter "SMTH") hereby announces that its board of directors resolved at its meeting held today to repurchase its own shares pursuant to the provision of its Articles of Incorporation in accordance with Article 459, Paragraph 1 of the Companies Act of Japan.
1. Reason for Repurchase
SMTH will repurchase its own shares in order to improve shareholder return as well as capital efficiency.
2. Details of Repurchase
(1) | Class of shares to be repurchased | Common stock of SMTH |
(2) | Total number of shares to be repurchased | Up to 39,000,000 shares (Percentage to the total number of shares in issue (excluding treasury stock) 1.0 %) |
(3) | Total amount of repurchase | Up to JPY 20,000,000,000 |
(4) | Repurchase period | From January 30, 2015 to June 30, 2015 |
(5) | Repurchase method | Market purchases on the Tokyo Stock Exchange based on a discretionary trading contract |
(Reference) Status of shares in issue and treasury stock as of December 31, 2014
Total number of shares in issue (excluding treasury stock) | 3,902,067,860 shares |
Number of treasury stock | 1,418,548 shares |
End.
Disclaimer:
This document is prepared for the purpose of public disclosure about the notice regarding Repurchase of Own Shares by SMTH and is not for the purpose of soliciting investment or engaging in any other similar activities within or outside of Japan.
For further information, please contact:
IR Department, Sumitomo Mitsui Trust Holdings, Inc. Telephone: +81-3-3286-8354
Facsimile: +81-3-3286-4654
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