[Sumitomo Mitsui Financial Group, Inc.]Notice regarding Acquisition and Cancellation of First Series Type 6 Preferred Stock(1/1)
Sumitomo Mitsui
Financial Group, Inc.
Notice
regarding Acquisition and Cancellation of First Series Type 6 Preferred Stock
TOKYO, February 28, 2011 --- Sumitomo
Mitsui Financial Group, Inc. (SMFG, President: Teisuke Kitayama) hereby
announces that SMFG’s Board of Directors resolved at a meeting today to acquire
and cancel its First Series Type 6 preferred stock (total issue price: JPY 210,003
million) as described below.
The acquisition of the preferred stock is
to be executed pursuant to Article 18 of the Articles of Incorporation of SMFG.
In addition, SMFG intends to cancel
those shares of the preferred stock upon acquisition pursuant to Article 178 of
the Companies Act.
PARTICULARS
1.
Details of Acquisition
|
|
: First Series Type 6
Preferred Stock |
|
|
(2) Total Number of Shares to Be
Acquired |
|
: 70,001 shares |
|
(3) Acquisition Price |
|
: JPY 3,000,000 per share |
|
(4) Total Amount of Acquisition |
|
: JPY 210,003,000,000 |
|
(5) Acquisition Date |
|
: April 1, 2011 |
2. Details of Cancellation
|
(1) Class of Shares to be Cancelled |
|
: First Series Type 6 Preferred Stock |
|
(2) Total Number of Shares to Be
Cancelled |
|
: 70,001 shares (all of the First
Series Type 6 Preferred Stock to be acquired, as described in 1. above) |
|
(3) Effective Date |
|
: April 1, 2011 |
|
(4) Cancellation shall be
subject to SMFG’s acquisition of all of the First Series Type 6 Preferred
Stock described in 1. above. |
||
（REFERENCE） Summary Terms of First Series
Type 6 Preferred Stock :
|
Type of
Preferred Stock |
First
Series Type 6 Preferred Stock |
|
Date of
Issue |
March 29, 2005 |
|
Number of
Shares Issued |
70,001
shares |
|
Issue Price |
JPY 3,000,000
per share |
|
Aggregate
Amount Issued |
JPY 210,003
million |
