Results and Completion of Share Repurchase
(Repurchase of Company Shares Pursuant to the Articles of Incorporation and the Provisions of Article 165, Paragraph 2 of the Companies Act)
SoftBank Corp. (the “Company”) announces that it has repurchased its own shares pursuant to Article 156 of the Companies Act of Japan as applied pursuant to Article 165, Paragraph 3.
This concludes the Company's share repurchase in accordance with a resolution made by the Board of Directors on July 25, 2013.
1. Class of shares repurchased | Common stock |
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2. Number of shares repurchased | 4,272,000 shares |
3. Total cost of shares repurchased | JPY 32,499,830,000 |
4. Period for share repurchase | From November 1, 2013 to November 5, 2013 (execution base) |
(Reference) Details of the resolution made by the Board of Directors on July 25, 2013
1. Class of shares to be repurchased | Common stock |
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2. Number of shares to be repurchased | Up to 4,490,000 shares |
3. Total cost of shares to be repurchased | Up to JPY 32.5 billion |
4. Method of repurchase | Purchase in the market through a trust bank |
5. Period for share repurchase | From July 31, 2013 to December 31, 2013 |
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