---
title: "Sumitomo Seika Advances Share Buyback, Reaching Over Two-Thirds of Authorized Amount"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277568086.md"
description: "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."
datetime: "2026-03-03T05:53:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277568086.md)
  - [en](https://longbridge.com/en/news/277568086.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277568086.md)
---

# Sumitomo Seika Advances Share Buyback, Reaching Over Two-Thirds of Authorized Amount

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Sumitomo Seika Chemicals Co., Ltd. ( (JP:4008) ) has provided an update.

Sumitomo Seika Chemicals has reported the latest progress of its share buyback program authorized by its board in November 2025. Between February 1 and February 28, 2026, the company repurchased 35,100 of its own common shares on the Tokyo Stock Exchange at a total cost of ¥221.45 million.

Under the broader authorization, the company may acquire up to 210,000 shares or ¥1 billion of stock during the period from November 13, 2025, to March 31, 2026. As of February 28, 2026, cumulative repurchases reached 142,800 shares for about ¥795.07 million, signaling a substantial execution of the buyback that is likely to support shareholder returns and capital efficiency metrics.

The most recent analyst rating on (JP:4008) stock is a Buy with a Yen7681.00 price target. To see the full list of analyst forecasts on Sumitomo Seika Chemicals Co., Ltd. stock, see the JP:4008 Stock Forecast page.

**More about Sumitomo Seika Chemicals Co., Ltd.**

Sumitomo Seika Chemicals Co., Ltd. is a Japanese chemical manufacturer listed on the Prime Market of the Tokyo Stock Exchange. The company operates in the chemicals industry and is engaged in the production and sale of chemical products, serving industrial and commercial customers in Japan and abroad.

**Average Trading Volume:** 41,045

**Technical Sentiment Signal:** Buy

**Current Market Cap:** Yen98.75B

Find detailed analytics on 4008 stock on TipRanks’ Stock Analysis page.

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