Gelonghui, May 14 | Sony (SONY.US) U.S. stocks rose more than 2% before the market opened, at $77.7.
Sony’s Q4 net sales were 3.48 trillion yen, estimated at 2.91 trillion yen; net profit was 189.01 billion yen, estimated at 153.21 billion yen.
Sony plans to conduct a 5-for-1 stock split starting from October 1 and announced that it plans to repurchase no more than 2.46% of its shares for up to 250 billion yen.
Sony rose more than 2% before the market opened. Q4 results exceeded expectations and announced a buyback plan of up to 250 billion yen.
Gelonghui, May 14 | Sony (SONY.US) U.S. stocks rose more than 2% before the market opened, at $77.7
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