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Sony Group Advances Share Buyback Program

Sony Group Advances Share Buyback Program

Sony Group (SONY) has released an update.

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Sony Group Corporation reports a repurchase of 674,200 shares in May 2024, amounting to 8.52 billion yen, marking a modest 2.25% progress of their latest buyback program with a maximum target of 30 million shares. This follows a concluded repurchase program that achieved 61.77% of its goal, with 15.44 million shares bought back. The company also announced a stock split effective October 1, 2024, adjusting the total shares for repurchase to 150 million.

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

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