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 September 28, 2011
.
| 1. Class of shares repurchased | Common stock |
|---|---|
| 2. Number of shares repurchased | 5,028,800 shares |
| 3. Total cost of shares repurchased | JPY 11,899,833,600 |
| 4. Period for share repurchase |
From October 3, 2011 to October 5, 2011
(execution base) |
(Reference) Details of the resolution made by the Board of Directors on September 28, 2011
| 1. Class of shares to be repurchased | Common stock |
|---|---|
| 2. Number of shares to be repurchased | Up to 8,000,000 shares |
| 3. Total cost of shares to be repurchased | Up to JPY 11.9 billion |
| 4. Method of repurchase | Purchase in the market through a trust bank |
| 5. Period for share repurchase | From October 3, 2011 to September 30, 2012 |
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