Crypto News

Sony Shares Jump after Japanese Giant Announces Unprecedented ¥100 Billion Stock Buyback

Japanese conglomerate Sony will kick off a $ 910 million stock buyback program beginning next week, Reuters reports. The move will result in Sony buying a maximum of 30 million of its own shares. Consequently, the amount of the company’s outstanding shares will be reduced by 2.4%. According to a Bloomberg Intelligence analyst, Masahiro Wakasugi, […]