Retirement of Treasury Stock
(Retirement of treasury stock pursuant to Article 178 of the Companies Act of Japan)
SoftBank Group Corp. (“SBG”) announces that on October 7, 2016 its Board of Directors resolved the retirement of treasury stock as follows pursuant to Article 178 of the Companies Act of Japan.
| (1) Class of shares to be retired | Common stock of SBG |
|---|---|
| (2) Number of shares to be retired | 100,000,000 shares (8.33% of total number of shares issued prior to the retirement) |
| (3) Planned retirement date | October 31, 2016 |
Reference
1. Number of shares prior to the retirement (as of September 30, 2016)
| Total number of shares issued | 1,200,660,365 shares |
|---|---|
| Number of treasury stock | 111,699,664 shares (9.30% of total number of shares issued) |
2. Number of shares after the retirement (estimated as of October 31, 2016)
| Total number of shares issued | 1,100,660,365 shares |
|---|---|
| Number of treasury stock | 11,699,664 shares (1.06% of total number of shares issued) |
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