FilingReader Intelligence

Sony completes share repurchase program, acquiring 1.749m shares

March 5, 2025 at 12:02 PM UTCBy FilingReader AI

Sony Group Corporation announced the completion of its share repurchase program initiated under the provisions of Article 459, Paragraph 1 of the Companies Act and Article 34 of the company's Articles of Incorporation. The company acquired a total of 1,749,000 shares of its common stock. The aggregate purchase price amounted to ¥6,602,926,000. The shares were repurchased on the Tokyo Stock Exchange through a discretionary trading agreement. This buyback is part of a larger program, authorized on February 13, 2025, allowing for the repurchase of up to 30 million shares (representing 0.50% of outstanding shares excluding treasury stock) for a maximum total consideration of ¥50 billion. As of February 28, 2025, the total number of shares repurchased under this authorization is 1,749,000 shares for ¥6,602,926,000.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:6758Tokyo Stock Exchange

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