• Wed. Jun 12th, 2024

Sony shares surge on share buyback and upgraded outlook

Sony shares surge on share buyback and upgraded outlook


Sony shares jumped as much as 12 per cent on Wednesday morning after the Japanese group announced strong earnings, a stock split and a share buyback of ¥250bn ($1.6bn). Sony also upgraded its outlook, saying its operating profit would increase by 5 per cent by March 2025, driven by demand for its image sensors. Analysts […]

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