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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