Sony plans a 5-for-1 stock split on Oct 1 and a partial spinoff of Sony Financial Group in 2025.
Sony is implementing a 5-for-1 stock split on October 1 to attract more investors by lowering share prices. However, shareholders should note a partial spinoff of its financial services division, Sony Financial Group, Inc., planned for October 2025. Shareholders will receive shares in the new entity, while Sony retains 20% ownership. Despite a significant revenue boost in 2023, SFGI anticipates a revenue decline in the next fiscal year. Investors should consider these factors before investing.
4 months ago
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