Sumitomo Seika Advances Share Buyback, Reaching Over Two-Thirds of Authorized Amount
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Sumitomo Seika Chemicals Co., Ltd. has reported significant progress in its share buyback program, having repurchased 142,800 shares for approximately ¥795.07 million as of February 28, 2026. The company is authorized to buy back up to 210,000 shares or ¥1 billion until March 31, 2026. This move is expected to enhance shareholder returns and capital efficiency. The latest analyst rating for the stock (JP:4008) is a Buy, with a price target of ¥7,681.00.
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