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Sony Group Completes Major Stock Buyback

Sony Group (SONY) has released an update.

Sony Group Corporation has announced the completion of a share repurchase, acquiring 2,803,900 of its common stock for a total of 36.9 billion yen from September 1-30, 2024. This buyback is part of a broader program approved by the Board of Directors on May 14, 2024, which allows for the repurchase of up to 150 million shares following a stock split effective October 1, 2024. As of September 30, Sony has repurchased 14.67 million shares for 194.5 billion yen under this program.

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

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