Sony Group ( (SONY) ) just unveiled an announcement.
Sony Group Corporation announced a share buyback program for the period from February 1 to February 28, 2025. The company repurchased 1,749,000 shares totaling approximately 6.6 billion yen, as part of a resolution approved by the Board of Directors on February 13, 2025. This initiative is part of a broader strategy to enhance shareholder value, with a maximum of 30 million shares and 50 billion yen set for repurchase by May 14, 2025. The buyback reflects Sony’s commitment to returning capital to shareholders and optimizing its capital structure.
More about Sony Group
Sony Group Corporation is a multinational conglomerate corporation headquartered in Tokyo, Japan. The company operates in various segments including electronics, gaming, entertainment, and financial services, with a strong market presence in consumer electronics, gaming consoles, and film production.
YTD Price Performance: 12.33%
Average Trading Volume: 3,790,253
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $139.8B
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