Sony authorizes up to $3.2 billion share buyback
Sony announced a share buyback program in its FY25 earnings release.
by Asif Khan · ShacknewsSony is out with earnings results for its FY25 ending March 31, 2026. The board has announced a share repurchase authorization of up top 500 billion yen ($3.2 billion) that can be executed over the next 12 months. Sony's stock is down over 20 percent year-to-date, so it appears that the company is trying to stop the bleeding while indicating to investors that the shares may be undervalued.
Here's all the details on the share buyback from Sony's FY25 financial report:
Establishment of a facility for the repurchase of shares of its own common stock)
Sony Group Corporation approved the establishment of the following facility for the repurchase of its own common stock
pursuant to the Companies Act of Japan and Sony Group Corporation’s Articles of Incorporation at the meeting of the Board held
on May 8, 2026.
1. Total number of shares for repurchase: 230 million shares (maximum)
2. Total purchase price for repurchase of shares: 500 billion yen (maximum)
3. Period of repurchase: May 11, 2026 to May 10, 2027
The share buyback program gives Sony a whole year to execute it, and is capped at either 230 million shares or 500 billion yen. We will be keeping an eye on the company's progress on this share repurchase program in future earnings releases.
There's a lot of news breaking from Sony's latest earnings results, so keep it locked on Shacknews to stay up to date.
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