Results and Completion of 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 it has repurchased its own shares as follows pursuant to Article 156 of the Companies Act of Japan as applied pursuant to Article 165, Paragraph 3.
This concludes SBG's share repurchase in accordance with a resolution made by the Board of Directors on February 15, 2016.
(1) Class of shares repurchased | Common stock of SBG |
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(2) Total number of shares repurchased | 39,746,600 |
(3) Total amount repurchased | JPY 249,899,811,600 |
(4) Repurchase period | From August 1, 2016 to August 17, 2016 (execution base) |
For Reference
1. Details of the resolution made by the Board of Directors on February 15, 2016
(1) Class of shares to be repurchased | Common stock of SBG |
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(2) Total number of repurchasable shares | 167,000,000 (maximum) |
(3) Total repurchase amount | JPY 500 billion (maximum) |
(4) Repurchase period | From February 16, 2016 to February 15, 2017 |
2. Cumulative number of shares repurchased as of August 17, 2016, based on the above-mentioned resolution
(1) Total number of shares repurchased | 85,140,800 |
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(2) Total amount repurchased | JPY 499,999,515,200 |
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