Results and Completion of Share Repurchase
(Share repurchase pursuant to the Articles of Incorporation and the provisions of Article 165, Paragraph 2 of the Corporate Law)
SOFTBANK CORP. (hereafter “the Company”) announces that it purchased its own shares under Article 156 of the Corporate Law, as applied pursuant to Article 165, Paragraph 3 of the Corporate Law.
This concludes the Company's share repurchase in accordance with a resolution made by the Board of Directors on August 9, 2011.
| 1. Class of shares repurchased | Common stock |
|---|---|
| 2. Number of shares repurchased | 4,000,000 shares |
| 3. Total cost of shares repurchased | JPY 10,793,287,000 |
| 4. Method of repurchase | Purchase in the market through a trust bank |
| 5. Period for share repurchase | From September 2, 2011 to September 7, 2011 (execution base) |
(Reference) Details of the resolution made by the Board of Directors on August 9, 2011
| 1. Class of shares to be repurchased | Common stock |
|---|---|
| 2. Number of shares to be repurchased | Up to 4,000,000 shares (representing 0.36% of shares issued (excluding treasury stock)) |
| 3. Total cost of shares to be repurchased | Up to JPY 20.0 billion |
| 4. Period for share repurchase | From August 10, 2011 to July 31, 2012 |
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