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Sony Concludes Share Repurchase and Announces Cancellation
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Sony Concludes Share Repurchase and Announces Cancellation

Sony Group Corporation (SONY) has released an update.

Sony Group Corporation has completed its stock repurchase program, buying back 5,847,100 shares for a total of 76.5 billion yen, and is set to cancel 12,612,300 shares (1.0% of the total issued) on April 10, 2024, aiming to keep treasury stock within 3% of total shares. This move follows the Board of Directors’ resolution from May 17, 2023, which capped the repurchase at 25 million shares and 200 billion yen.

For further insights into SONY stock, check out TipRanks’ Stock Analysis page.

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