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Sony Group Corporation’s Strategic Share Buyback

Sony Group Corporation’s Strategic Share Buyback

Sony Group Corporation (SONY) has released an update.

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Sony Group Corporation has reported a share buyback program with repurchases in April 2024 totaling 572,400 shares for approximately 7.47 billion yen, nearing the maximum allotted amount of 200 billion yen. Concurrently, the company canceled 12.61 million treasury shares, with a total book value of nearly 128.58 billion yen. As of the end of April, Sony held 27.73 million shares in treasury out of 1.25 billion total issued shares.

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

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