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Sony’s Share Buyback Progress Reaches 62.19% Completion

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Sony’s Share Buyback Progress Reaches 62.19% Completion

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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.

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