SONY GROUP CORPORATION [6758.T]
TOKYO, May 08 (Pulse News Wire) – Sony Group Corporation (6758.T) announced today that its board of directors has approved a share repurchase plan based on Article 459, Paragraph 1 of the Companies Act and Article 34 of its articles of incorporation. The company plans to set a repurchase limit of up to ¥200 million ordinary shares, representing approximately 3.89% of outstanding shares excluding treasury stock.
The total amount for repurchases is capped at ¥500.0 billion. The repurchase period runs from May 11, May 08, 2026 to May 10, May 11, 2026. Additionally, the company will cancel 184,494,319 ordinary shares, equivalent to 3.0% of the total outstanding shares as of April 30, May 10, 2027.
The cancellation is scheduled for May 29, April 30, 2026. Sony's revised policy on holding treasury shares includes retaining shares intended for delivery under its equity compensation programs, such as restricted stock units and stock options, while cancelling excess holdings beyond those needs. This adjustment aims to optimize capital efficiency and manage dilution effectively.
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