Status of Share Repurchase in accordance with the Board Resolution as of May 15, 2020
(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”) announced the status of the repurchase of its own shares conducted in June 2020 as follows, pursuant to Article 156 of the Companies Act of Japan as applied pursuant to Article 165, Paragraph 3. This repurchase is in accordance with the resolution made by the Board of Directors on May 15, 2020.
(1) Class of shares repurchased: | Common stock of SBG |
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(2) Total number of shares repurchased: | 18,716,700 |
(3) Total amount of repurchase: | JPY 101,721,890,400 |
(4) Repurchase period: | From June 17, 2020 to June 30, 2020 (execution base) |
For Reference
1. Details of the resolution made by the Board of Directors on May 15, 2020
(1) Class of shares to be repurchased: | Common stock of SBG |
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(2) Total number of repurchasable shares: | 135,000,000 (maximum) |
(3) Total amount of repurchase: | JPY 500 billion (maximum) |
(4) Repurchase period: | From May 18, 2020 to March 31, 2021 |
2. Cumulative number of shares repurchased as of June 30, 2020, in accordance with the resolution made by the Board of Directors on May 15, 2020
(1) Total number of shares repurchased: | 18,716,700 |
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(2) Total amount of repurchase: | JPY 101,721,890,400 |
As of June 30, 2020, there were no shares repurchased in accordance with the resolution made by the Board of Directors on June 25, 2020.
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