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6-K: Notice Regarding the Status of Repurchase of Shares of Common Stock

SEC ·  Nov 7, 2024 01:13

Summary by Futu AI

Sony Group Corporation reported the status of its share repurchase program for October 2024. The company bought back 15,408,400 shares of its common stock for a total of 42,560,394,831 yen through open market purchases on the Tokyo Stock Exchange from October 1 to October 31, 2024.This repurchase is part of a larger program approved by Sony's Board of Directors on May 14, 2024. The program authorizes the repurchase of up to 150 million shares (post-stock split) or 250 billion yen worth of common stock, whichever comes first, between May 15, 2024, and May 14, 2025.As of October 31, 2024, Sony has repurchased a total of 88,756,400 shares (post-split adjusted) for 237,071,055,777 yen under this program. The company conducted a stock split effective October 1, 2024, which adjusted the maximum repurchase from 30 million to 150 million shares.
Sony Group Corporation reported the status of its share repurchase program for October 2024. The company bought back 15,408,400 shares of its common stock for a total of 42,560,394,831 yen through open market purchases on the Tokyo Stock Exchange from October 1 to October 31, 2024.This repurchase is part of a larger program approved by Sony's Board of Directors on May 14, 2024. The program authorizes the repurchase of up to 150 million shares (post-stock split) or 250 billion yen worth of common stock, whichever comes first, between May 15, 2024, and May 14, 2025.As of October 31, 2024, Sony has repurchased a total of 88,756,400 shares (post-split adjusted) for 237,071,055,777 yen under this program. The company conducted a stock split effective October 1, 2024, which adjusted the maximum repurchase from 30 million to 150 million shares.

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