Resolution Regarding Share Repurchase
(Share repurchase under the provisions of SBG's Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)
SoftBank Group Corp. (SBG) announces that on August 6, 2015 its Board of Directors resolved the repurchase of its own shares pursuant to Article 156 of the Companies Act of Japan as applied pursuant to Article 165, Paragraph 3.
1. Purpose of the Share Repurchase
To exercise agile management of capital policy corresponding to any changes of business environment
2. Details of the Share Repurchase
| (1) Class of shares to be repurchased | Common stock of SBG |
|---|---|
| (2) Total number of repurchasable shares | 20,000,000 (maximum) (1.68% of the total number of shares issued [excluding treasury stock]) |
| (3) Total repurchase cost | JPY 120 billion (maximum) |
| (4) Method of repurchase | Open market purchase through a trust bank |
| (5) Repurchase period | From August 7, 2015 to March 31, 2016 |
For Reference
Treasury stock held as of July 31, 2015
| Total number of shares issued (excluding treasury stock) | 1,189,470,323 shares |
|---|---|
| Number of treasury stock | 11,190,042 shares |
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