Sony Group Corp 6-K, filed Aug 4, 2020
Sony Group Corp (SONY)
About this 6-K
Sony Group Corp filed this 6-K on August 4, 2020.
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 August 2020
Commission File Number: 001-06439
SONY 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 __ |
|---|
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934, Yes No X
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):82-______
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 CORPORATION |
|---|
| (Registrant) |
| By: /s/ Hiroki Totoki |
| (Signature) |
| Hiroki Totoki |
| Executive Deputy President and |
| Chief Financial Officer |
Date: August 4, 2020
List of materials
Documents attached hereto:
i) Press release: Notice Regarding the Setting of Parameters for Repurchase of Shares of Common Stock
August 4, 2020
Sony Corporation
Notice Regarding the Setting of Parameters for 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”) has today approved by resolution of its Board of Directors the setting of parameters for 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, as follows.
- Reason for Setting Parameters
The following parameters have been set for the purpose of enabling Sony to flexibly repurchase its own shares in consideration of factors such as opportunities for strategic investment, Sony’s financial condition and the price of its common stock.
- Parameters for the Repurchase of Shares
| (1) | Class of shares for<br><br> <br>repurchase | Common stock of Sony |
|---|---|---|
| (2) | Total number of shares for<br><br> <br>repurchase | 20 million shares（maximum）<br><br> <br>(1.64% of total number of shares issued and<br><br> <br>outstanding (excluding treasury stock)) |
| (3) | Total purchase price for<br><br> <br>repurchase of shares | 100 billion yen（maximum） |
| (4) | Period of repurchase | August 5, 2020 to March 31, 2021 |
| (5) | Method of repurchase | Expected open market purchase through the Tokyo<br><br> <br>Stock Exchange based on a discretionary trading<br><br> <br>contract |
Depending on investment opportunities, market environment and other factors, it is possible that no share repurchase, or a share repurchase of only a portion of the above, will be carried out.
(For reference) Status of treasury stock as of June 30, 2020
| Total number of shares<br><br> <br>issued and outstanding<br><br> <br>(excluding treasury<br><br> <br>stock) | 1,221,430,370 shares |
|---|---|
| Number of treasury stock | 39,628,411 shares |
End of document