TSE:8729Diversified Financial
Why Sony Financial Group (TSE:8729) Is Up 8.0% After Announcing a ¥100 Billion Share Buyback and Index Moves
In late September 2025, Sony Financial Group Inc. announced a major share buyback program, authorizing the repurchase of up to 1 billion shares (13.99% of outstanding shares) for ¥100 billion, and completed an initial tranche of 67,122,700 shares for ¥11.67 billion over two days.
This large-scale capital return initiative was accompanied by several swift index rebalancing actions, including simultaneous additions and removals from major indices such as the S&P Global 1200 and FTSE All-World...