SOFTBANK announces amendment of its Articles of Incorporation regarding acquisition of treasury stockMay 10, 2004
SOFTBANK CORP. (the “Company”) announces that its board of directors resolved today to submit a proposal, at the 24th ordinary general meeting of shareholders of the Company to be held on June 24, 2004, to amend its Articles of Incorporation. The amendment shall enable the Company to purchase its own shares by resolution of its Board of Directors pursuant to Sub-section 2 of Section 1 of Article 211-3 of the Commercial Code of Japan.
The amendment enables the Company flexible and agile capital management in response to its business, financial, condition and other business environment.
The above is subject to shareholders’ approval at the 24 th ordinary general meeting of shareholders of the Company to be held on June 24, 2004.
- Releases, announcements, presentations and other information available from this page and elsewhere on this website were prepared based on information available and views held at the time of preparation and speak only as of the respective dates on which they are filed or used by SoftBank Group Corp. or the applicable group company, as the case may be. Such information is subject to change and may become out-of-date. Such information may also contain forward-looking statements which are by their nature subject to various risks and uncertainties that may cause actual results and future developments to differ materially from those expressed or implied by such statements. Please read legal notices in its entirety prior to viewing any information available on this website.