Summary by Futu AI
Sony Group Corporation has concluded its share buyback program, which was approved by the Board of Directors on May 14, 2024. The company repurchased a total of 93,287,300 shares for ¥250 billion, reaching 100% of the maximum amount allocated for the program.During November 2024, Sony bought back 4,530,900 shares for approximately ¥12.93 billion. The repurchase period ran from May 15, 2024, to November 25, 2024, earlier than the initially set end date of May 14, 2025. Additionally, Sony reported the disposition of 2,493,000 treasury shares, primarily due to the exercise of stock acquisition rights.As of November 30, 2024, Sony's total number of issued shares stood at 6,243,097,945, with 225,745,210 shares held as treasury stock. The company had previously implemented a five-for-one stock split of its common stock, effective October 1, 2024.