Sony Group Corp Files November 2024 6-K Report

Ticker: SNEJF · Form: 6-K · Filed: Nov 26, 2024 · CIK: 313838

Sentiment: neutral

Topics: reporting, sec-filing

TL;DR

Sony Group Corp filed its monthly 6-K, confirming its reporting status and Tokyo HQ.

AI Summary

Sony Group Corporation filed a Form 6-K on November 26, 2024, to report its activities for the month of November 2024. The filing indicates that the company is a foreign private issuer and provides its principal executive office address in Tokyo, Japan. It also confirms that Sony Group Corporation files annual reports under cover of Form 20-F.

Why It Matters

This filing serves as an update for investors regarding Sony's ongoing reporting obligations as a foreign private issuer, confirming its adherence to SEC regulations.

Risk Assessment

Risk Level: low — This is a routine filing confirming reporting status and does not contain new financial or operational information.

Key Players & Entities

FAQ

What is the purpose of a Form 6-K filing?

A Form 6-K is a report of foreign private issuers which provides information that the issuer would be required to disclose to any security holders pursuant to the laws of the issuer's home country or a foreign stock exchange on which it has securities listed.

What is the filing date of this Form 6-K?

This Form 6-K was filed on November 26, 2024.

Who signed this report on behalf of Sony Group Corporation?

Hiroki Totoki, President, Chief Operating Officer and Chief Financial Officer, signed the report.

Does Sony Group Corporation file annual reports under Form 20-F or 40-F?

Sony Group Corporation files annual reports under cover of Form 20-F.

What is the principal executive office address of Sony Group Corporation?

The principal executive office is located at 1-7-1 KONAN, MINATO-KU, TOKYO, 108-0075, JAPAN.

Filing Stats: 755 words · 3 min read · ~3 pages · Grade level 20 · Accepted 2024-11-26 11:09:19

Filing Documents

From the Filing

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 November 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 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: November 26, 2024 List of Materials Documents attached hereto: Press release: Notice Regarding the Status and Conclusion of Repurchase of Shares of Common Stock, and the Cancellation of Treasury Stock November 26, 2024 Sony Group Corporation Notice Regarding the Status and Conclusion of Repurchase of Shares of Common Stock, and the Cancellation of Treasury Stock (Repurchase of Shares Under the Provision of Sony's Articles of Incorporation Pursuant to Article 459, Paragraph 1 of the Companies Act, and Cancellation of Treasury Stock Pursuant to the Provision of Article 178 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. This concludes Sony's repurchase of shares of its own common stock approved at the meeting of its Board of Directors held on May 14, 2024. In addition, pursuant to the decision by Sony's Representative Corporate Executive Officer delegated by the Board of Directors, Sony has decided to cancel treasury stock as follows. 1. Status of repurchase of shares (1) Class of shares repurchased: Common stock of Sony (2) Total number of shares repurchased: 4,530,900 shares (3) Total purchase price for repurchased shares: 12,928,898,371 yen (4) Period of repurchase: November 1, 2024 to November 25, 2024 (5) Method of repurchase: Open market purchase through the Tokyo Stock Exchange based on a discretionary trading contract 2. Cancellation of treasury stock (1) Class of shares to be cancelled: Common stock of Sony (2) Total number of shares to be cancelled: 93,287,300 shares (1.5% of total number of shares issued and outstanding as of October 31, 2024) (3) Planned cancellation date December 3, 2024 Sony generally plans to maintain its level of treasury stock under an upper limit of approximately 3% of the total number of shares of its common stock issued and outstanding by cancelling treasury stock in excess of that percentage. 1/2 (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 conducted a stock split with an effective date of October 1, 2024. The total number of shares for repurchase shown in (2) above after the effective date of the stock split (October 1, 2024) has been changed from 30 million shares (maximum) to 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 November 25, 2024) ( 1 ) Total number of shares repurchased * 93,287,300 shares ( 2 ) Total purchase price for repurchased shares 249,999,954,148 yen * The total number of shares repurchased shown in (1) above indicates the number of shares after the stock split including shares repurchased prior to the effective date of the stock split (October 1, 2024). End of document 2/2

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