Results and Completion of SoftBank’s Share Repurchase
OREANDA-NEWS. SoftBank Group Corp. (SBG) announces that it has repurchased its own shares as follows pursuant to Article 156 of the Companies Act of Japan as applied pursuant to Article 165, Paragraph 3.
This concludes SBG's share repurchase in accordance with a resolution made by the Board of Directors on August 6, 2015.
(1) Class of shares repurchased - Common stock of SBG
(2) Total number of shares repurchased - 15,795,000
(3) Total repurchase cost - JPY 119,999,602,200
(4) Repurchase period- From August 10, 2015 to August 17, 2015
For Reference
Details of the resolution made by the Board of Directors on August 6, 2015
(1) Class of shares to be repurchased - Common stock of SBG
(2) Total number of repurchasable shares - 20,000,000 (maximum)
(3) Total repurchase cost - JPY 120 billion (maximum)
(4) Method of repurchase- Open market purchase through a trust bank
(5) Repurchase period - From August 7, 2015 to March 31, 2016
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