tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sony’s Share Buyback Progress Reaches 62.19% Completion

Story Highlights
Sony’s Share Buyback Progress Reaches 62.19% Completion

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Sony Group ( (SONY) ) has shared an announcement.

Sony Group Corporation filed a Share Buyback Report for January 2025, detailing its ongoing repurchase program authorized by the Board of Directors in May 2024. As of January 31, 2025, Sony had repurchased a total of 93,287,300 shares, representing 62.19% of its target, with the operation concluding in November 2024. This strategic move, involving substantial amounts of treasury stock, underscores Sony’s commitment to optimizing shareholder value and signals confidence in its financial stability.

More about Sony Group

Sony Group Corporation is a multinational conglomerate based in Tokyo, Japan, renowned for its diverse range of electronics, gaming, entertainment, and financial services. The company is a leader in the technology and entertainment industries, with a significant presence in markets worldwide.

YTD Price Performance: 6.02%

Average Trading Volume: 3,361,435

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $136.6B

For an in-depth examination of SONY stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1