Sony Group Advances Share Repurchase Plan
Company Announcements

Sony Group Advances Share Repurchase Plan

Sony Group (SONY) has released an update.

Sony Group Corporation has actively repurchased its shares, with a total of 2,680,700 shares bought back in June 2024, spending approximately 35.21 billion yen, as part of a larger repurchase plan authorized by the Board of Directors for up to 30 million shares or 250 billion yen. The repurchase is 11.18% complete, while the total number of treasury shares held by Sony as of June 30, 2024, is 30,868,630. Additionally, Sony disposed of 111,640 shares from treasury stock for a total of 1.17 billion yen, mainly through exercises of stock acquisition rights.

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

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