Status 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 6, 2019.
(1) Class of shares repurchased: | Common stock of SBG |
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(2) Total number of shares repurchased: | 19,043,800 |
(3) Total amount of repurchase: | JPY 215,931,325,400 |
(4) Method of repurchase: | Open market purchase through a trust bank |
(5) Repurchase period: | From April 1, 2019 to May 14, 2019 (execution base) |
For Reference
1. Details of the resolution made by the Board of Directors on February 6, 2019
(1) Class of shares to be repurchased: | Common stock of SBG |
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(2) Total number of repurchasable shares: | 112,000,000 (maximum) |
(3) Total amount of repurchase: | JPY 600 billion (maximum) |
(4) Method of repurchase: | Open market purchase through a trust bank |
(5) Repurchase period: | From February 7, 2019 to January 31, 2020 |
2. Cumulative number of shares repurchased as of May 14, 2019, based on the resolution made by the Board of Directors on February 6, 2019
(1) Total number of shares repurchased: | 55,753,200 |
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(2) Total amount of repurchase: | JPY 599,999,800,200 |
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