Sony Group (SONY) has released an update.
Sony Group Corporation has reported a robust stock repurchase activity in September 2024, buying back 2,803,900 shares for a total of 36.9 billion yen, representing 48.9% of their maximum target for the period. This buyback comes after a stock split effective from October 1, 2024, which increased the maximum share repurchase capacity from 30 million to 150 million shares. Additionally, Sony disposed of 204,300 treasury shares in the same month, amounting to a total disposition value of 2.3 billion yen.
For further insights into SONY stock, check out TipRanks’ Stock Analysis page.
