Veja também
08.02.2019 04:39 PM
The Japanese multinational corporation Sony Corp. announced the launch of the largest share repurchase program (buyback) in the history of the company in the amount of 100 billion yen ($ 910 million).
Last year, the company did not make major purchases of its own shares. The current buyback started on Tuesday, February 5, and will run until March 22. The program will affect approximately 2.2% of the company's outstanding securities.
Last week, Sony published a quarterly financial report, which reported a decrease in revenue and worsened the annual forecast for this indicator, as a result, the company's capitalization dropped sharply by 8.1%.
After the announcement of the buyback value of the shares of Sony Corp. on the Tokyo Stock Exchange rose 4.10% to 4.906 yen.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
