Sony Group Corp 6-K, filed Jul 3, 2024
Sony Group Corp (SONY)
About this 6-K
Sony Group Corp filed this 6-K on July 3, 2024.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of July 2024
Commission File Number: 001-06439
SONY GROUP CORPORATION
(Translation of registrant’s name into English)
1-7-1 KONAN, MINATO-KU, TOKYO, 108-0075, JAPAN
(Address of principal executive offices)
The registrant files annual reports under cover of Form 20-F.
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F,
| Form 20-F x | Form 40-F ¨ |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
SONY GROUP CORPORATION (Registrant)
| |||
| By: | /s/ Hiroki Totoki | ||
| (Signature) | |||
| Hiroki Totoki | |||
| President, Chief Operating Officer and | |||
| Chief Financial Officer | |||
Date: July 3, 2024
List of Materials
Documents attached hereto:
i) 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)
July 3, 2024
Sony Group 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 Group 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 14, 2024, as follows.
| 1. Class of shares repurchased: | Common stock of Sony |
| 2. Total number of shares repurchased: | 2,680,700 shares |
| 3. Total purchase price for repurchased shares: | 35,210,255,014 yen |
| 4. Period of repurchase: | June 1, 2024 to June 30, 2024 |
| 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 14, 2024 |
| (1) | Class of shares to be repurchased | Common stock of Sony | |
| (2) | Total number of shares to be repurchased* | 30 million shares(maximum) (2.46% of total number of shares issued and outstanding (excluding treasury stock)) | |
| (3) | Total purchase price for repurchase of shares | 250 billion yen(maximum) | |
| (4) | Period of repurchase | May 15, 2024 to May 14, 2025 | |
| (5) | Method of repurchase | Expected open market purchase through the Tokyo Stock Exchange based on a discretionary trading contract |
| * | As described in the “Notice Regarding a Stock Split and Partial Amendment to Articles of Incorporation” released on May 14, 2024, Sony also approved at the same meeting of its Board of Directors held on May 14, 2024 to conduct a stock split. The total number of shares for repurchase shown in (2) above after the effective date of the stock split (October 1, 2024) will be 150 million shares (maximum). |
| 2. | Total number and purchase price of shares repurchased pursuant to the above-mentioned resolution of its Board of Directors (as of June 30, 2024) |
| (1) | Total number of shares repurchased | 3,354,900 shares | |
| (2) | Total purchase price for repurchased shares | 43,731,693,500 yen |
End of document