Sumitomo Mitsui ( (SMFG) ) just unveiled an update.
On March 4, 2025, Sumitomo Mitsui Financial Group announced the early tender results of its cash tender offers for outstanding debt securities, with a maximum combined aggregate principal amount of $600 million. The early tender results show that the principal amount tendered did not exceed the maximum amount, and settlement for accepted tenders is expected by March 11, 2025. The tender offers are part of the company’s strategic financial management, following the completion of an offering of perpetual subordinated debt securities, which fulfilled a condition for the tender offers.
More about Sumitomo Mitsui
Sumitomo Mitsui Financial Group, Inc. operates in the financial services industry, offering a wide range of services including banking, leasing, securities, and consumer finance. The company is headquartered in Tokyo, Japan, and focuses on both domestic and international markets.
YTD Price Performance: 6.32%
Average Trading Volume: 1,521,218
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $97.83B
See more data about SMFG stock on TipRanks’ Stock Analysis page.