Sony Group (SONY) has released an update.
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Sony Group Corporation has announced the completion of a share repurchase, acquiring 674,200 shares for a total of 8.52 billion yen between May 15 and May 31, 2024. This buyback is part of a larger plan approved by Sony’s Board of Directors on May 14, 2024, which allows for the repurchase of up to 30 million shares. The repurchase aligns with the company’s strategy to enhance shareholder value and represents a confidence in the company’s financial stability and future prospects.
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