Stocks: Sony Group expands gains for 3 days in a row Share buybacks, 1-for-5 stock splits, and medium-term management plan announcements are factors for evaluation
The Sony Group extended its gains for the third day in a row, recovering to the 13,000 yen level. Along with the announcement of financial results on May 14, the day before, the announcement of a share buyback of up to 30 million shares and 250 billion yen, and a 1-for-5 stock split for shareholders at the end of September, seems to have attracted the attention of the market. In addition, the medium-term management plan announced on the same day, which ends in March 2027, seems to have received positive feedback from the market. …...
The linked article is in Japanese.
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