Sony plans $910-million share repurchase

Jamie McKane

MyBroadband Journalist
Super Moderator
Joined
Mar 2, 2016
Messages
4,431
Sony plans $910-million share repurchase

Sony Corp. is buying back as much as 100 billion yen ($910 million) of its own stock, the electronics maker’s first-ever large scale repurchase.

The shares rose as much as 6.7 percent in early trading in Tokyo on Friday after the company announced the buyback, which starts Tuesday and will last through March 22.

[Bloomberg]
 
Top