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Sony Group ( (SONY) ) has provided an announcement.
Sony Group Corporation announced the completion of its share buyback program for the period from May 1 to May 31, 2025, with a total of 8,183,300 shares repurchased at a cost of approximately 30.97 billion yen. This buyback is part of a larger program approved by the Board of Directors on May 14, 2025, which aims to repurchase up to 100 million shares by May 2026. The buyback reflects Sony’s strategic financial management and commitment to enhancing shareholder value, with the repurchase progress reaching 8.18% of the maximum target. The initiative is expected to positively impact Sony’s stock value and provide a return to its shareholders.
The most recent analyst rating on (SONY) stock is a Buy with a $21.60 price target. To see the full list of analyst forecasts on Sony Group stock, see the SONY Stock Forecast page.
Spark’s Take on SONY Stock
According to Spark, TipRanks’ AI Analyst, SONY is a Outperform.
Sony Group demonstrates strong financial performance with robust growth and efficient operations. The technical indicators show upward momentum, although caution is advised due to potential overbought conditions. The valuation is fair, and the positive guidance from the earnings call supports future growth. Challenges in certain segments warrant attention but do not overshadow the overall positive outlook.
To see Spark’s full report on SONY stock, click here.
More about Sony Group
Sony Group Corporation is a multinational conglomerate based in Tokyo, Japan, primarily engaged in the development, design, manufacture, and sale of electronic equipment, instruments, and devices for consumer, professional, and industrial markets. The company is also involved in the production and distribution of motion pictures, television programming, and recorded music, as well as the provision of financial services. Sony’s market focus spans across electronics, entertainment, and financial services, making it a significant player in the global technology and media industries.
Average Trading Volume: 6,619,159
Technical Sentiment Signal: Buy
Current Market Cap: $161.2B
Learn more about SONY stock on TipRanks’ Stock Analysis page.
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