Sony : Notice Regarding the Status of Repurchase of Shares of Common Stock (Repurchase of Shares Under the Provision of Sony's Articles of Incorporation Pursuant to Article 459, Paragraph 1 of the Companies Act)
November 01, 2019 at 02:23 am EDT
Share
November 1, 2019
Sony Corporation
Notice Regarding the Status of Repurchase of Shares of Common Stock
(Repurchase of Shares Under the Provision of Sony's Articles of Incorporation Pursuant to
Article 459, Paragraph 1 of the Companies Act)
Sony Corporation ("Sony") announced today the status of the repurchase of shares of its own common stock pursuant to Article 459, Paragraph 1 of the Companies Act of Japan and Article 34 of Sony's Articles of Incorporation, which was approved at the meeting of its Board of Directors held on May 16, 2019, as follows.
1. Class of shares repurchased:
Common stock of Sony
2.
Total number of shares repurchased:
2,016,500 shares
3.
Total purchase price for
12,723,943,900 yen
repurchased shares:
4.
Period of repurchase:
October 1, 2019 to October 31, 2019
5.
Method of repurchase:
Open market purchase through the Tokyo Stock
Exchange based on a discretionary trading contract
(For reference)
1. Details of resolution approved at the Board of Directors meeting held on May 16, 2019
（1）
Class of shares to be
Common stock of Sony
repurchased
Total number of shares
60 million shares（maximum）
（2）
（4.80% of total number of shares issued and
to be repurchased
outstanding (excluding treasury stock))
（3）
Total purchase price for
200 billion yen（maximum）
repurchase of shares
（4）
Period of repurchase
May 17, 2019 to March 31, 2020
Expected open market purchase through the Tokyo
（5）
Method of repurchase
Stock Exchange based on a discretionary trading
contract
2. Total number and purchase price of shares repurchased pursuant to the resolution approved at the above-mentioned Board of Directors meeting (as of October 31, 2019)
（1）
Total number of shares
23,426,100 shares
repurchased
（2）
Total purchase price for
137,723,318,100 yen
repurchased shares
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Sony Corporation published this content on 01 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2019 06:21:05 UTC
Sony Group Corporation (formerly Sony Corporation) is a world leader in designing, manufacturing, and selling electronics and entertainment products. Net sales break down by activity as follows:
- game sales (28.9%): game consoles, softwares and consumables;
- sale of multimedia products (21.1%): televisions (37.3% of sales), mobile telecommunications equipment (18.8%), still and video cameras (17.7%), audio and video equipment (16.5%) and other (9.7%);
- music production and distribution (10.3%; Sony Music Entertainment);
- sale of imaging and sensing solutions (10.4%);
- cinematography production and distribution and TV broadcasting (8.4%): operating primarily on behalf of Sony Pictures and Columbia Pictures;
- other (2.4%).
The remaining sales (18.5%) are from financial services.
Net sales break down geographically as follows: Japan (32.9%), China (8.5%), Asia/Pacific (9.6%), the United States (23.9%), Europe (20.2%) and other (4.9%).
Sony : Notice Regarding the Status of Repurchase of Shares of Common Stock (Repurchase of Shares Under the Provision of Sony's Articles of Incorporation Pursuant to Article 459, Paragraph 1 of the Companies Act)
SONY GROUP CORPORATION 
