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Sony Group Reports Share Repurchase Progress

Sony Group Reports Share Repurchase Progress

Sony Group (SONY) has released an update.

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Sony Group Corporation has disclosed the recent buyback of 2,680,700 of its own shares, spending a total of 35.21 billion yen, executed between June 1 and June 30, 2024. This action is part of a larger repurchase plan, announced previously by Sony’s Board of Directors on May 14, 2024, which allows for the repurchase of up to 30 million shares, with an upper limit of 250 billion yen to be used for the buybacks within the timeframe of May 15, 2024, to May 14, 2025.

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

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