Summary by Futu AI
Sony Group Corporation reported its share buyback activities for July 2024, repurchasing 3,761,200 shares for a total of ¥53,599,437,491. This brings the total repurchased under the current program to 7,116,100 shares worth ¥97,331,130,991, representing 23.72% of the targeted number of shares and 38.93% of the maximum amount allocated.The buyback program, approved on May 14, 2024, authorizes the repurchase of up to 30 million shares (150 million post-split) for a maximum of ¥250 billion by May 14, 2025. Additionally, 61,800 treasury shares were disposed of in July, primarily due to the exercise of stock acquisition rights.As of July 31, 2024, Sony's total issued shares stood at 1,248,619,589, with 34,570,889 shares held as treasury stock.