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[HARDWARE]■ STORY TIMELINE

SONY LAUNCHES $3.2B BUYBACK AMID MEMORY PRICE PRESSURE

Sony Group announced a share repurchase program worth up to ¥500 billion ($3.2 billion) as the company reported profit forecasts in line with market expectations. The buyback comes as memory chip pricing pressures weigh on the electronics giant's financial performance.

1 SOURCEFIRST SEEN MAY 8, 03:07 AM► READ THE ARTICLE
Bloomberg Tech+0m

Sony Group Corp. will buy back up to ¥500 billion ($3.2 billion) of its shares, the company said as it set out a profit…