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Sony Group Corporation’s Strategic Stock Buyback

Sony Group Corporation’s Strategic Stock Buyback

Sony Group Corporation (SONY) has released an update.

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Sony Group Corporation has actively engaged in repurchasing its common stock, with the total repurchase amount reaching 69 billion yen for 5.27 million shares by the end of March 2024. This represents a significant progress of 59.48% in the number of shares and 96.27% in the total repurchase amount against the maximum set by the Board’s resolution. In the same period, Sony disposed of 106,240 shares from its treasury stock, amounting to over 1 billion yen.

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

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